Roam Stablecoin
a partially-collateralized Stablecoin in the BSC ecosystem
The Roam token is a partially collateralized and partially algorithmically stabilized token soft-pegged to the U.S. Dollar. The protocol's goal is to keep the Roam token price stable.
Two tokens are used as collateral: USDC and the Roam share token . When a user mints Roam by depositing USDC and UPS, the USDC is locked in the protocol, and the deposited is burnt. When a user redeems Roam for the underlying collateral, the user gets their deposited USDC back, and the protocol mints . This dual-collateral design along with the redemption mechanism helps to keep the price of Roam stable.
Roam Network
Roam is the first stablecoin protocol which design principles to create a highly scalable, non-custodial, extremely stable, fractional-algorithmic, and pure on-chain finance on Solana. It supports next-generation payment networks on the blockchain.
We utilize a stablecoin, which is partially collateralized and algorithmically stabilized. It only requires a portion of the capital to mint, which is denominated in other stable assets. The remainder is denominated in a volatile asset as collateral. This generates both a natural demand and a value capture for the volatile asset.
Roam aims to replace fixed-supply digital assets by bridging the gap between digital currencies and real-world applications with transaction costs of almost zero.
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