Minting

Minting is the name of the process which creates Roam tokens. In order to mint 1 Roam token, the user must deposit approximately $1.00 worth of collateral into the protocol in the form of USDC and Roam token. The ratio of USDC and Roam token that is required for minting Roam token is determined by the Target Collateral Ratio (TCR) The percentage of USDC token required is always equal to the TCR percentage, while the required percentage of Roam token is 100% minus the TCR percentage.

Example: If you would like to mint 1,000 Roam tokens and the TCR percentage is 75%, then you need 75% USDC and 25% Roam