Now that we have released the ROSA Community Token and completed PHASE 1, @rosalestrust and I have been giving a lot of thought to PHASE 2.

Phase 1 Basics

Phase 1 of the ROSA Community Token White Paper outlines a simple start: minting 200,000 ROSA tokens and depositing them into the RosalesTrust account. From there, the tokens are made publicly available on the Hive-Engine for anyone who wants to support the project. By raising public funds through spot-trading, we aim to kick-start the creation of diesel pools sooner rather than later. Support ROSA by trading in the ROSA/HIVE market on TribalDex.

Phase 2 Details

For Phase 2, although we initially discussed creating three diesel pools (ROSA/BLURT, ROSA/SWAP.DOGE, and BLURT/SWAP.DOGE), we ultimately agreed to focus on two: the ROSA/BLURT pool and the BLURT/SWAP.DOGE pool. After much deliberation, we realized it made more sense to prioritize these two first. Most likely, we will start with the BLURT/SWAP.DOGE pool.

Now, you might wonder why we’re focusing on two coins that aren't directly tied to the ROSA community. The idea is to possibly introduce ROSA as a liquidity reward for participants in the BLURT/SWAP.DOGE pool.

To be clear, we are not under the illusion that people will provide liquidity to this pool solely because of ROSA. Even before the ROSA White Paper was released, we received positive feedback and strong support for the idea of a BLURT/SWAP.DOGE pool. However, integrating ROSA as a reward creates a new opportunity for participants to earn ROSA simply by supporting BLURT’s liquidity.

So, to set expectations: PHASE 2 will take time. However, with the combined efforts of the BLURT and Hive communities, we can build stable liquidity for ROSA — rather than relying solely on the less consistent method of spot-trading. Diesel Pools offer a more stable, algorithmic approach to liquidity, and we intend to leverage that to our advantage.

Multitasking Phase 3

As for Phase 3, it will be an ongoing effort. We’ll constantly be on the lookout for other community leaders to collaborate with. I imagine we'll take a more aggressive approach to expansion once these initial pools are fully operational.

Please be aware that some of this information may change. I'm simply sharing some conceptual ideas alongside the current established phases that have been approved by @rosalestrust.

Finalized decisions will be determined and posted by @rosalestrust.