Rome
ROME

$11.6578

0.66%
  • Market Cap
    $2,642,300.252
  • 24 Hour Trading Vol
    $69.554
  • Fully Diluted Valuation
    $2,729,209.204
  • Circulating Supply
    226,655
  • Total Supply
    234,110
  • Max Supply
    234,110
Rome
ROME is the reserve currency for Kusama & Polkadot, used on Moonriver with staking and bonding.
Socials
Category
DeFi
Rome Converter
ROME
1 ROME = $11.6578
ROME Statistics
  • Rome Price
    $11.6578
  • Trading Volume
    $69.554
  • Market Cap
    $2,642,300.252
Rome Price Chart (ROME)

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24h
7d
30d
3M
1Y
YTD
+0.66%
+1.01%
+0.40%
-14.80%
+0.94%
About Rome

ROME serves as the reserve currency for Kusama & Polkadot. At the moment, it is live on Moonriver, an EVM-compatible canary network. There are three main goals for shaping what Rome becomes: 

Supporting the development of Moonriver & Moonbeam so both can thrive with strong, growing ecosystems.Expanding RomeDAO to become the biggest holder of total liquidity across Kusama & Polkadot. Enabling governance in a more engaging way through gamification and new types of experiences for stakers, bonders, and other participants in the RomeDAO ecosystem. 

When users stake, they lock in ROME to receive rebase rewards. These rebase rewards are funded by revenues generated from bond sales, with ROME minted using the protocol's risk-free value (RFV). The reward rate is governed by policy to keep the protocol growing while maintaining long-term stability.

What is Bonding?

Bonding is the key mechanism behind RomeDAO treasury expansion. It helps ROME obtain its own liquidity and gives bonders access to discounted tokens by offering multiple reserve assets. Romans contribute tokens and liquidity positions so the protocol can own and manage them. 

RomeDAO governance runs through houses and their representatives.

Rome Markets
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