image source head

TGE is coming soon, Roam launches the Spring Festival special event Pilot burning pool to help users redeem $ROAM tokens

trendx logo

Reprinted from chaincatcher

01/24/2025·3M

At 6 pm on January 24, 2025 (UTC+8), Roam will officially launch the Pilot burning pool to help users convert Roam Points into $ROAM tokens and familiarize themselves with the burning pool mechanism and operating procedures before TGE, thereby maximizing Roam. Points income. As a special Spring Festival event, the Pilot Burning Pool will start on January 24 and last until TGE.

What is a Pilot Fire Pool?

As one of the important assets that promote the Roam ecosystem, Roam Points tokens play a key role in motivating users to participate in network construction. Users will be rewarded with corresponding Roam Points for every contribution they make in the Roam network. The launch of the Pilot burning pool will further enrich the Roam ecosystem, leading users to unlock new features and participate in more ecological activities. Users can flexibly manage their Roam Points and exchange them for $ROAM tokens. Roam Points will be permanently destroyed once burned. The Roam Pilot burning pool uses a dynamic conversion rate mechanism, with the specific conversion rate depending on the total amount of points burned and the number of tokens generated within a specific time period. The amount of $ROAM tokens generated in each cycle is fixed, but the conversion rate will fluctuate, so choosing the right time to participate can lead to higher returns.

The Roam Pilot combustion pool is measured in cycles, with each cycle being 1000 seconds. The minimum number of periods that the user can select is 10 and the maximum is 1000. Once the number of cycles is selected, the Roam Points invested will be locked within that cycle and cannot be unlocked in advance. Users can only join the next cycle after the current cycle ends. All $ROAM tokens generated by burning will be directly withdrawn to the user's personal Roam wallet after TGE.

Roam offers three different types of burning pools designed to meet the needs of different users:

1. General “ Burning” Pool : Provides a simple and easy way to participate for all Roam users. Users can earn Roam Points by adding WiFi nodes, checking in, inviting friends, etc. to participate in the universal burning pool through the Roam App.

2. Miner “Burning Pool : Only for Roam mining machine users (such as Rainier MAX60, Baker MAX30 or MetaBlox OG equipment), this pool provides a higher exclusive conversion rate. Mining machine users can increase points by mining, inviting check-ins, installing routers in high-traffic areas, or deploying more router-mining machines.

3. Sticker “ Burning” Pool : Designed specifically for Roam Sticker holders. Users can obtain Stickers by checking in through the Roam App, and redeem Roam Points to participate in burning according to the quantity and rarity of the Sticker. Roam Stickers are divided into 4 categories according to rarity:

  • * Common sticker: 50 Roam Points
    
    • Rare sticker 100 Roam Points
    • Epic stickers 250 Roam Points
    • Legendary stickers 1000 Roam Points

How to calculate $ROAM token amount?

The number of $ROAM tokens generated in each burning cycle is fixed, and users participating in the cycle receive tokens in proportion. The calculation formula is as follows:

(Total amount of $ROAM tokens generated during the period) ÷ (Total amount of Roam Points burned during the period) × (Number of Roam Points burned by the user during the period)

Take two consecutive combustion cycles as an example:

Cycle 1 : User A burns 1,000 Roam Points, and User B burns 2,000 Roam Points. A total of 3,000 Roam Points were burned. If 30 $ROAM tokens are generated in that cycle, user A gets 10 tokens and user B gets 20 tokens, divided proportionally.

Cycle 2 : If user C joins, 3,000 Roam Points are burned, and a total of 6,000 Roam Points are burned. The number of tokens generated in this cycle is still 30, and the rewards will be adjusted proportionally as follows: User A will receive 5 $ROAM tokens, User B will receive 10 $ROAM tokens, and User C will receive 15 $ROAM tokens.

As can be seen from the above examples, the number of participants and the timing of burning have a significant impact on the final revenue. Before each participation, users need to adjust their decisions based on the number of Roam Points in their personal account, the number of participants in this cycle, and the conversion rate of the burning pool to obtain maximum benefits.

How to participate in the Pilot Burning Pool?

  1. Download and install the Roam App and create a personal account.
  2. Earn Roam Points and Roam Stickers by completing tasks or deploying Roam miners.
  3. Click "Join Now" on the in-app activity page.
  4. Choose a suitable burning pool (general pool, miner pool or sticker pool) and determine the burning period.
  5. Once confirmed, Roam Points will be locked until the burn cycle ends.

In addition, users also need to pay attention to:

  • Minimum investment of Roam Points : To participate in any burning pool, a minimum investment of 500 Roam Points is required.
  • Points locked : Roam Points must be held in the wallet for 48 hours (based on UTC time) before they can be burned.
  • Irreversible : Once the burning process starts, the user cannot cancel it. After the burning is completed, Roam Points will be permanently destroyed.
  • $ROAM token withdrawal : $ROAM tokens will be available for collection after TGE.
  • Earning difference : There may be a difference between the estimated number of $ROAM tokens and the final number of tokens received. The specific amount will be affected by the number of participants and the burning conversion rate.

Summarize

The Roam Pilot Burning Pool provides users with a flexible way to convert Roam Points into $ROAM tokens. Whether it’s a general pool, a miner pool, or a sticker pool, each pool offers different revenue opportunities based on user contributions. By understanding the conversion rate of each pool and choosing the right time to participate, users can continuously optimize their earnings. In the future, Roam Burning Pool will launch more features and provide richer participation opportunities. The combustion pool is online, can TGE be far behind? Download the Roam App now, earn Roam Points, participate in this special Spring Festival event, and prepare for the upcoming TGE.

more