Convert Roam Points into $ROAM Tokens Pre-TGE

[PRESS RELEASE – Vancouver, Canada, January 25th, 2025]

Roam, a pioneer of decentralized wi-fi networks, has launched Pilot “Burning” Swimming pools, which is designed to assist customers expertise and get accustomed to the “burning” course of earlier than TGE. To commemorate the Lunar New Yr, customers can be a part of the pilot occasion from January twenty fourth, 10:00 AM (UTC) till the TGE, offering an unique alternative to acquire $ROAM tokens.

Maximizing $ROAM Rewards with Pilot “Burning” Swimming pools

The pilot “burning” pool is a beta function inside the Roam App that permits customers to transform their Roam Factors into $ROAM tokens. As soon as the conversion is accomplished, the corresponding Roam Factors are faraway from circulation, and customers obtain $ROAM tokens. The conversion price for every cycle is dynamic, decided by the full variety of factors submitted and the tokens allotted for that interval, that means the speed could fluctuate over time.

The Roam Pilot “Burning” Pool operates in cycles, every lasting 1,000 seconds. Customers can select a minimal of 10 cycles, with the choice to pick as much as 1,000 cycles. As soon as a cycle is chosen, Roam Factors are locked for that interval and can’t be unlocked earlier. Customers can solely be a part of the subsequent obtainable cycle as soon as the present one ends.

Roam has created three distinct “burning” swimming pools, every designed to cater to various kinds of customers:

1. Normal “Burning” Pool: Open to all Roam customers, this pool permits individuals to transform Roam Factors into $ROAM tokens. Roam Factors will be gathered by finishing varied quests inside the Roam App.
2. Miner “Burning” Pool: This pool is reserved for Roam miner homeowners, together with customers of the Rainier MAX60, Baker MAX30, or MetaBlox OG gadgets. It allows individuals to transform Roam Factors earned via mining actions, miner registration, or Test-Ins carried out at their registered miner places. The Miner Pool presents conversion charges particular to miner individuals.
3. Sticker “Burning” Pool: Tailor-made for customers who gather Roam stickers via app actions, corresponding to Wi-Fi node validation and Test-Ins. Stickers are assigned totally different rarities, with larger rarity stickers equivalent to higher Roam Level values.

How Tokens Are Calculated

The calculation of $ROAM tokens follows a easy components:

(Whole tokens launched on this cycle) ÷ (Whole Roam Factors transformed on this cycle) × (Your Roam Factors transformed)

For instance:

• Cycle 1: Person A converts 1,000 Roam Factors, whereas Person B converts 2,000 Roam Factors, bringing the full to three,000 factors. With 30 $ROAM tokens allotted for the cycle, Person A and Person B obtain token allocations proportionate to their contributions—10 tokens and 20 tokens, respectively.
• Cycle 2: Person C enters the pool, changing 3,000 Roam Factors, rising the full transformed factors to six,000. With the identical allocation of 30 $ROAM tokens, the distribution adjusts accordingly: Person A receives 5 tokens, Person B receives 10 tokens, and Person C receives 15 tokens.

This demonstrates how rewards are distributed proportionally based mostly on person participation, highlighting the dynamic nature of the allocation course of. Members could profit from understanding the timing and scale of contributions to align with their objectives successfully.

Optimizing Participation within the $ROAM Token Conversion Course of

Members can method the $ROAM token conversion course of strategically by contemplating a number of elements:

• Timing and Participation Dynamics: Conversion charges are influenced by the timing of contributions and the variety of individuals in every cycle. Monitoring these elements will help individuals make knowledgeable choices about when to have interaction within the course of.
• Cycle Choice: Totally different cycles supply various ranges of predictability. Shorter cycles could contain extra frequent changes, whereas longer cycles may present a steadier conversion atmosphere. Deciding on a cycle that aligns with particular person preferences and targets could improve the general expertise.
• Incomes Further Factors: Roam Factors will be earned via app-based actions, miner deployment, and optimizing present miners. Sustaining constant engagement in these actions contributes to elevated participation alternatives.

Participation within the Pilot “Burning” Swimming pools

Engagement within the pilot “burning” swimming pools includes a number of steps:

1. Entry to the Roam App is required to create an account.
2. Roam Factors and Stickers will be collected via varied app actions or by using a Roam miner.
3. The occasion web page inside the app gives particulars concerning the obtainable choices for participation.
4. Customers could discover totally different “Burning” Swimming pools (Normal, Miner, or Sticker) and evaluation obtainable cycle durations.
5. As soon as a cycle is chosen, the related Roam Factors are locked for the required interval.
6. Following the Token Era Occasion (TGE), individuals could evaluation their token distribution.

Key Particulars In regards to the Pilot “Burning” Swimming pools

• Minimal Roam Factors Requirement: A minimal of 500 Roam Factors is required to have interaction with any of the three obtainable swimming pools.
• Roam Factors Lock-In Interval: Roam Factors should stay locked for 48 hours (based mostly on UTC 00:00) earlier than they’re eligible for conversion.
• Irreversible Course of: As soon as a cycle begins, the method is finalized and can’t be altered.
• Token Distribution: $ROAM tokens related to the conversion course of will turn out to be accessible after the Token Era Occasion (TGE).
• Token Allocation Variability: The ultimate $ROAM allocation could differ from preliminary estimates, as token distribution is dependent upon the full variety of individuals and the conversion price inside a particular cycle.

Roam Unveils Pilot “Burning” Swimming pools Forward of TGE

The Roam Pilot “Burning” Swimming pools introduce a framework for changing Roam Factors into $ROAM tokens, providing individuals a possibility to have interaction with one among three swimming pools—Normal, Miner, or Sticker. These swimming pools present a mechanism for contributing to the Roam community whereas taking part in its ecosystem. The timing and distinctive dynamics of every pool play a job in shaping the general expertise.

The pilot part is about to run from January twenty fourth, 10:00 AM (UTC), till the Token Era Occasion (TGE), coinciding with Lunar New Yr celebrations. This era represents an necessary improvement for the platform, permitting individuals to watch and interact with the burning course of as a part of the lead-up to the TGE.

About Roam

Roam is targeted on constructing a worldwide, decentralized wi-fi community that gives seamless, safe connectivity for people and good gadgets, whether or not stationary or cell. By means of a blockchain-based credential infrastructure, Roam has supported the adoption of WiFi OpenRoaming amongst small and medium-sized companies.

As highlighted in Messari’s 2024 State of DePIN report, Roam is acknowledged because the fourth-largest DePIN venture globally, with a community of over 1.5 million nodes spanning 200 international locations and a person base of two.5 million registered app customers. The community additionally allows entry to free eSIM knowledge via participation in actions corresponding to constructing and validating WiFi nodes, demonstrating Roam’s function in advancing adoption inside the DePIN sector.

Customers can contact Roam by way of:

https://x.com/weRoamxyz

https://t.me/WeRoamXYZ