Rome Protocol unveils ROME token mechanics: 50% of revenue to reserve or buybacks
- —ROME will be used to pay gas fees on Rome's own chain
- —50% of protocol fee revenue goes to a ROME reserve or open-market buybacks
- —The reserve will not be sold, the project said
- —Rome connects EVM apps to Solana and is already live on mainnet
Why it matters: The 50% buyback mechanism could support ROME's price, but token launch timing and distribution remain undisclosed.
Source: PANews