Roam, the leading decentralized wireless network, has launched its Token Reversal Pool on the Roam app. This feature allows users to swap $ROAM tokens back into Roam Points, enhancing engagement options post-TGE. This initiative is part of a sustainable deflationary strategy following successful token storage on major exchanges.
Token Reversal: Swapping $ROAM Back and Forth
The Token Reversal Pool allows users to convert $ROAM tokens into Roam Points, with 97% of swapped tokens immediately burned, reducing the circulating supply. This mechanism continues the deflationary strategy initiated with the launch of Roam's Burning Pool in March 2024. This dual conversion process supports long-term value stability by allowing both token and point exchanges.
Enhancing Capabilities through Staking and Lock-Up
In addition to the Token Reversal Pool, Roam has introduced staking and lock-up features, offering $ROAM holders opportunities to earn rewards and additional benefits. The Staking Pool rewards users for locking their tokens by offering competitive returns and Accelerator Boost for qualifying participants. The Lock-Up Pool provides free eSIM data in exchange for a commitment to retain tokens for specific periods.
Ecosystem Expansion and Roam’s Leadership in DePIN
The launch of the Token Reversal Pool and related features signifies Roam's ecosystem expansion and its strengthening position in the decentralized wireless network (DePIN) industry. With over 2.7 million users globally, Roam is actively driving Web3 adoption and offers secure and seamless connectivity across more than 190 countries.
Roam's initiatives aim for sustainable growth of its ecosystem by enhancing token utility, which in turn increases user engagement on the platform.
