As Roam approaches its Token Generation Event (TGE), users now have the chance to experience the Pilot “Burning” Pools feature, designed to let participants convert their Roam Points into $ROAM tokens. This process allows Roam users to contribute to the network while earning valuable tokens. Below is a breakdown of how the burning pools work, their different types, and tips on how to maximize your rewards.
What is a Pilot “Burning” Pool?
A Pilot “Burning” Pool is a beta feature within the Roam app that enables users to convert their Roam Points into $ROAM tokens. When Roam Points are burned, they are permanently removed from circulation. In exchange, users receive $ROAM tokens based on the number of points they burn and the pool's conversion rate.
The burning cycle lasts for 1,000 seconds, and users can participate in a minimum of 10 cycles and a maximum of 1,000 cycles. The conversion rate varies depending on the total points burned in the cycle, meaning timing is key to optimizing rewards.
Once the TGE occurs, users can claim their $ROAM tokens.
How Tokens Are Calculated
To calculate how much you’ll earn from burning Roam Points:
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Formula: (Total tokens released in this cycle) ÷ (Total Roam Points burned in this cycle) × (Your Roam Points burned).
For example:
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In Cycle 1, User A burns 1,000 points and User B burns 2,000 points. If the total tokens released are 30, User A receives 10 tokens (since 1,000 points burned out of 3,000 total), and User B receives 20 tokens.
As more users join, the number of tokens per user will adjust proportionally.
Three Pilot “Burning” Pools
There are three distinct pools for users to participate in:
1. The General “Burning” Pool
This pool is open to all Roam users and offers a straightforward way to convert Roam Points into $ROAM tokens.
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Minimum Points to Burn: 500 Roam Points.
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How to Join: Convert Roam Points and choose the number of cycles.
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Rewards: Earn $ROAM tokens based on the amount of your burned Roam Points in relation to the total burned in the cycle.
Tips:
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Carefully plan how many Roam Points to burn and select the optimal number of cycles.
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Track cycles after each one and adjust your strategy as more users join.
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Continue completing quests to increase your Roam Points balance.
2. The Miner “Burning” Pool
This pool is specifically for users who own Roam miners, such as the Rainier MAX60, Baker MAX30, and OG Miner. Points earned from mining activities, miner registration, or rewards from user Check-Ins can be burned here.
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Minimum Points to Burn: 500 Roam Points.
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How to Join: Only Roam Points from mining activities can be used in this pool.
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Rewards: With fewer participants, conversion rates may be higher compared to the General Pool.
Tips:
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Check your Roam Points balance from mining activities before joining.
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Optimize your strategy by increasing your miner quota (e.g., registering new miners or boosting income from existing ones).
3. The Sticker “Burning” Pool
This pool allows users who collect Roam stickers (earned through Check-Ins and event participation) to burn Roam Points based on sticker rarity.
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Sticker Points:
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Common stickers = 50 points
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Rare stickers = 100 points
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Epic stickers = 250 points
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Legendary stickers = 1,000 points.
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Minimum Points to Burn: 500 Roam Points.
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How to Join: Burn Roam Points linked to stickers (once burned, stickers are stamped and cannot be reused).
Tips:
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Evaluate the quantity and rarity of stickers before burning.
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Increase your quota by participating in Check-Ins at Roam WiFi hotspots.
Important Notes
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Roam Points must be held in your wallet for at least 48 hours before participating.
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Once burned, Roam Points are permanently removed and cannot be retrieved.
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$ROAM tokens can only be claimed after the TGE.
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The total tokens you receive may differ from initial estimates based on network activity.
Conclusion
Roam’s Pilot “Burning” Pools provide users with an opportunity to convert Roam Points into $ROAM tokens ahead of the Token Generation Event (TGE). With three distinct pools designed for different types of users—General, Miner, and Sticker—there are plenty of ways to maximize rewards. By understanding how these pools work and carefully planning your participation, you can optimize your earnings and contribute to Roam’s ecosystem.
Start exploring these pools today to get prepared for the TGE and unlock the full potential of your Roam Points!