Staking Rewards
Passive staking rewards will eventually be provided for all token holders. for now earn Fomo tokens by staking your Fomo or Fomo LP in the Fomolab.app DApp
Additional rewards:
2% of profits from NFT sales will go into the staking pool and we are considering a burn mechanism on Fomo tokens based on profits as well.
For example, in $1m sales, $20k gets redistributed and we are looking to potentially ramp this up to a total of 5% (so a further 3 % bought from the market), where 30k gets burnt. This adds another layer of value to the token.
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