The post Roam Launches Lunar New Year Pilot “Burning” Pools: Convert Roam Points into $ROAM Tokens Pre-TGE appeared on BitcoinEthereumNews.com.

Vancouver, Canada, January 25th, 2025, Chainwire Roam, a pioneer of decentralized wireless networks, has launched Pilot “Burning” Pools, which is designed to help users experience and get familiar with the “burning” process before TGE. To commemorate the Lunar New Year, users can join the pilot event from January 24th, 10:00 AM (UTC) until the TGE, providing an exclusive opportunity to obtain $ROAM tokens. Maximizing $ROAM Rewards with Pilot “Burning” Pools The pilot “burning” pool is a beta feature within the Roam App that enables users to convert their Roam Points into $ROAM tokens. Once the conversion is completed, the corresponding Roam Points are removed from circulation, and users receive $ROAM tokens. The conversion rate for each cycle is dynamic, determined by the total number of points submitted and the tokens allocated for that period, meaning the rate may vary over time. The Roam Pilot “Burning” Pool operates in cycles, each lasting 1,000 seconds. Users can choose a minimum of 10 cycles, with the option to select up to 1,000 cycles. Once a cycle is selected, Roam Points are locked for that period and cannot be unlocked earlier. Users can only join the next available cycle once the current one ends. Roam has created three distinct “burning” pools, each designed to cater to different types of users: General “Burning” Pool: Open to all Roam users, this pool allows participants to convert Roam Points into $ROAM tokens. Roam Points can be accumulated by completing various quests within the Roam App. Miner “Burning” Pool: This pool is reserved for Roam miner owners, including users of the Rainier MAX60, Baker MAX30, or MetaBlox OG devices. It enables participants to convert Roam Points earned through mining activities, miner registration, or Check-Ins performed at their registered miner locations. The Miner Pool offers conversion rates specific to miner…

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Filed under: News - @ January 26, 2025 7:19 am