$PAPER is the main token of the FOMO ecosystem. It’s used as payment for PRO features and reward in staking programs.
Current circulation supply is 4,789.83 $PAPER
Tokenomics $PAPER max supply is 69,000 tokens. Initial supply was 1,000 $PAPER and locked for 6 months.
- 6,900 (10%) tokens are dedicated to the team;
- 20,000 $PAPER are dedicated to the NFT holders and will be released in the 6 months since 10th of April;
- 7,100 $PAPER (2100 were already distributed) are dedicated to the Farmers
The rest of $PAPER tokens will be distributed during the next 3 years:
- 30% – Incentivisation for the Fomo App users;
- 30% – Incentivisation for liqudity providers;
- 20% – Strategic partnerships and listings;
- 5% – Adding more liquidity;
- 15% – Contests and other community growing activities.