Convert Roam Factors 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 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 fee for every cycle is dynamic, decided by the overall variety of factors submitted and the tokens allotted for that interval, which 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 out 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 part of the subsequent accessible cycle as soon as the present one ends.

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

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

How Tokens Are Calculated

The calculation of $ROAM tokens follows a easy system:

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

For instance:

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

Optimizing Participation within the $ROAM Token Conversion Course of

Members can strategy the $ROAM token conversion course of strategically by contemplating a number of components:

• Timing and Participation Dynamics: Conversion charges are influenced by the timing of contributions and the variety of members in every cycle. Monitoring these components can assist members make knowledgeable choices about when to interact within the course of.
• Cycle Choice: Completely different cycles provide various ranges of predictability. Shorter cycles could contain extra frequent changes, whereas longer cycles might present a steadier conversion atmosphere. Deciding on a cycle that aligns with particular person preferences and aims could improve the general expertise.
• Incomes Extra Factors: Roam Factors could be earned by way of 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 entails a number of steps:

1. Entry to the Roam App is required to create an account.
2. Roam Factors and Stickers could be collected by way of numerous app actions or by using a Roam miner.
3. The occasion web page inside the app offers particulars in regards to the accessible choices for participation.
4. Customers could discover completely different “Burning” Swimming pools (Common, Miner, or Sticker) and evaluation accessible 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), members 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 interact with any of the three accessible 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 into 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 overall variety of members and the conversion fee 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 members a chance to interact with one in all three swimming pools—Common, Miner, or Sticker. These swimming pools present a mechanism for contributing to the Roam community whereas collaborating in its ecosystem. The timing and distinctive dynamics of every pool play a task in shaping the general expertise.

The pilot section 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 members to look at 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 world, decentralized wi-fi community that gives seamless, safe connectivity for people and sensible gadgets, whether or not stationary or cellular. By way 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 undertaking globally, with a community of over 1.5 million nodes spanning 200 nations and a person base of two.5 million registered app customers. The community additionally allows entry to free eSIM information by way of participation in actions equivalent to constructing and validating WiFi nodes, demonstrating Roam’s position in advancing adoption inside the DePIN sector.

Customers can contact Roam by way of:

https://x.com/weRoamxyz

https://t.me/WeRoamXYZ