According to ChainCatcher's message, the Roam reverse burning function has been launched, and users can now convert their ROAM tokens back to Roam Points within the app. The reverse conversion rate is the average of the conversion rates of the general pool and the sticker pool, and 97% of the reverse-burned Tokens will be immediately destroyed. This mechanism and the official burning pool function will be launched after the TGE. Since the conversion efficiency of the sticker pool is higher than that of the general pool, users who hold enough stickers can convert their Tokens through the reverse mechanism to earn more Tokens by burning them through the normal sticker pool, thereby realizing arbitrage. The number of stickers is the key burning material, which can only be obtained by checking in through the App. This process incentivizes users to participate in network verification, enhancing the value of ecosystem data, advertising, and traffic, and increasing cash income.
The Roam burning pool went live at 7:30 am Beijing time on March 8th. Through the two-way burning mechanism, it will achieve dual deflation of Points and Tokens, ensuring the long-term stability of their value. Previously, on March 6th at 6:00 pm, the ROAM spot trading was launched, opening at $1.0433 and then stabilizing at $0.39, with trading volume exceeding expectations. The contract function was launched on March 7th at 6:00 pm on 7 exchanges including Bybit, Bitget, and LBank, supporting 1-50x leverage perpetual contracts, and the market response was strong, further injecting momentum into the ecosystem.
