Fomo Lab
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Fomo Lab

$FOMO Staking pools are live

We are delighted to announce that we have successfully launched the first of the $FOMO staking pools on 16th May 2021 at 00:00 am UTC.

More Pools will be added throughout the next few days, this is just the start and we are nearing $2 million in TVL in the first 10 minutes!

With a Total value locked of $4.8 million the pool will be distributing $20,000 a month in FOMO rewards with $FOMO at a price of $1 usd. Multiple rewards and bonus incentives will be announced for those that locked in the first 30 days.

To celebrate this landmark event for the community we wanted to provide something extra special with the first redistribution tax that will be received at the end of the next 30 days.

$FOMO staking pools

To Join this pool you must stake a minimum of 1000 $FOMO in the 30 day Fomo Token Lock Pool. All participants will be rewarded with an exclusive Fomo Lab NFT that will be given to commemorate the launch! The snapshot will be taken 48 hours after the pool goes live and the NFT will be airdropped to all wallets that locked their Fomo at a date still to be announced. There will be another article releasing on liquidity pools update and questions the community have raised.

What happens when you withdraw early ?

All withdrawals from open pool have a 48 hour early withdraw tax of 4%. This is in order to prevent anyone from manipulating pools. The tax is re distributed to fomo holders in passive rewards. Also, all pools have a 2% withdrawal redistribution fee that goes to the treasury wallet for the longevity of the project.

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Connect with the Fomo Labs team:

Website: https://fomolab.io

Twitter — https://twitter.com/fomo_lab

Instagram — https://www.instagram.com/fomolabs/

Medium — https://medium.com/@thefomolab

Reddit — https://www.reddit.com/user/fomolabs

Github — https://github.com/TheFomolab

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Fomo Lab is the leading intellectual property specialist who guides brands as they join the NFT and metaverse space to become part of the web3 revolution. Fomo Lab are also bringing an entire DeFi product ecosystem to the market and are ensuring NFTs are accessible to the masses.

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Fomo Lab

Fomo Lab

FOMO Lab is a full suite DeFi NFT platform, management company & creation studio.

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