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OptionRoom Launches Deflationary ROOM NFT Staking

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Coinness reporter

Mon, 22 Feb 2021, 07:18 am UTC

OptionRoom announced in post, stating that they are launching a series of side features benefitting ROOM holders before the actual OptionRoom Prediction Markets and Oracle as a Service — (OaaS) go live.

"We are launching five tiers of NFTs created for OptionRoom by RektmeRev," the post reads.

Users can burn ROOM to obtain NFT’s. Previous tier NFT can then be burned together with more ROOM tokens to obtain a higher tier for a total of 5 tiers. A minimum of 150,000 ROOM will be taken out of circulation with the launch of this program. A total of 200,000 ROOM tokens will be available in rewards over 6 months, by locking the obtained NFT and staking ROOM tokens with it.

Coinness

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