On January 24, 2025, at 6 PM (UTC+8), Roam will officially launch the Pilot Burning Pool, helping users convert Roam Points into $ROAM tokens, allowing them to familiarize themselves with the burning pool mechanism and operation process before the TGE, thereby maximizing the benefits of Roam Points. As a special event for the Spring Festival, the Pilot Burning Pool will start on January 24 and continue until the TGE.
What is the Pilot Burning Pool?
As one of the key assets driving the Roam ecosystem, Roam Points play a crucial role in incentivizing users to participate in network construction. Users receive corresponding Roam Points as rewards for every contribution they make in the Roam network. The launch of the Pilot Burning Pool will further enrich the Roam ecosystem, allowing users to unlock new features and participate in more ecological activities. Users can flexibly manage their Roam Points and exchange them for $ROAM tokens. Once Roam Points are burned, they will be permanently destroyed. The Roam Pilot Burning Pool adopts a dynamic conversion rate mechanism, with the specific conversion rate depending on the total amount of points burned and the number of tokens generated during a specific time period. The amount of $ROAM tokens generated in each cycle is fixed, but the conversion rate may fluctuate, so choosing the right time to participate can yield higher returns.
The Roam Pilot Burning Pool operates in cycles, with each cycle lasting 1000 seconds. Users can choose a minimum of 10 cycles and a maximum of 1000 cycles. Once the number of cycles is selected, the Roam Points invested will be locked for that cycle and cannot be unlocked early. Users can only join the next cycle after the current cycle ends. All $ROAM tokens generated from burning will be directly withdrawable to the user's personal Roam wallet after the TGE.
Roam offers three different types of burning pools to meet the needs of different users:
1. General Burning Pool: Open to all Roam users, providing a simple and easy way to participate. Users can earn Roam Points by adding WiFi nodes, checking in, inviting friends, etc., to participate in the General Burning Pool.
2. Miner Burning Pool: Limited to Roam miner users (such as Rainier MAX60, Baker MAX30, or MetaBlox OG devices), this pool offers a higher exclusive conversion rate. Miner users can increase their points by mining, inviting check-ins, installing routers in high-traffic areas, or deploying more router miners.
3. Sticker Burning Pool: Designed specifically for Roam Sticker holders, users can earn Stickers by checking in through the Roam App and redeem Roam Points for burning based on the number and rarity of Stickers. Roam Stickers are categorized into 4 types based on rarity:
- Common sticker: 50 Roam Points
- Rare sticker: 100 Roam Points
- Epic stickers: 250 Roam Points
- Legendary stickers: 1000 Roam Points
How to Calculate the Number of $ROAM Tokens?
The number of $ROAM tokens generated in each burning cycle is fixed, and users participating in that cycle receive tokens proportionally. The calculation formula is as follows:
(Total amount of $ROAM tokens generated in this cycle) ÷ (Total amount of Roam Points burned in this cycle) × (Number of Roam Points burned by the user in this cycle)
For example, in two consecutive burning cycles:
Cycle 1: User A burns 1,000 Roam Points, and User B burns 2,000 Roam Points. A total of 3,000 Roam Points are burned. If 30 $ROAM tokens are generated in this cycle, User A receives 10 tokens, and User B receives 20 tokens, distributed proportionally.
Cycle 2: If User C joins and burns 3,000 Roam Points, a total of 6,000 Roam Points are burned. The number of tokens generated in this cycle remains 30, and the rewards will be adjusted proportionally: User A receives 5 $ROAM tokens, User B receives 10 $ROAM tokens, and User C receives 15 $ROAM tokens.
From the above example, it can be seen that the number of participants and the timing of burning significantly affect the final returns. Users need to adjust their decisions based on the number of Roam Points in their personal accounts, the number of participants in the current cycle, and the conversion rate of the burning pool to maximize their returns.
How to Participate in the Pilot Burning Pool?
- Download and install the Roam App, and create a personal account.
- Earn Roam Points and Roam Stickers by completing tasks or deploying Roam miners.
- Click "Join Now" on the activity page within the App.
- Choose the appropriate burning pool (General Pool, Miner Pool, or Sticker Pool) and determine the burning cycle.
- After confirmation, the Roam Points will be locked until the burning cycle ends.
Additionally, users should note:
- Minimum investment of Roam Points: A minimum of 500 Roam Points is required to participate in any burning pool.
- Points Lock: Roam Points must be held in the wallet for 48 hours (calculated based on UTC time) before they can participate in burning.
- Irrevocable: Once the burning process begins, users will not be able to cancel it. After burning ends, Roam Points will be permanently destroyed.
- $ROAM token withdrawal: $ROAM tokens will be available for withdrawal after the TGE.
- Earnings difference: The estimated number of $ROAM tokens may differ from the final number received, as the specific amount will be affected by the number of participants and the burning conversion rate.
Summary
The Roam Pilot Burning Pool provides users with a flexible way to convert Roam Points into $ROAM tokens. Whether it's the General Pool, Miner Pool, or Sticker Pool, each pool offers different earning opportunities based on user contributions. By understanding the conversion rates of each pool and choosing the right time to participate, users can continuously optimize their earnings. In the future, Roam Burning Pools will introduce more features and provide richer participation opportunities. The burning pool is live; how far can the TGE be? Download the Roam App now, earn Roam Points, and participate in this special Spring Festival event to prepare for the upcoming TGE.
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