$YOMI Token & Staking
A rough outline of tokenomics based on a collection size of 5000 NFTs, subject to change.
Last updated
A rough outline of tokenomics based on a collection size of 5000 NFTs, subject to change.
Last updated
The $YOMI token facilitates the staking reward and revenue-sharing system built by Rogue Studios.
We're funding our liquidity pool with a portion of revenue generated from our products which you can read about here:
Holders can get a portion of this liquidity pool by staking their YOMI NFTs for $YOMI tokens. Members can stake their YOMI NFTs to earn $YOMI daily. These tokens can then be swapped for $USDC on Raydium using our liquidity pool. Royalty fees on our platform will be set at 1.75%. This will be applied to every sale of NFTs on the custom Self-Hosted NFT Marketplaces (SHMs) and 50% of those fees will be funnelled directly into the liquidity pool for YOMI NFT holders. Thus YOMI NFT holders earn 0.875% of every transaction that occurs on our platform.
Disclaimer: The $YOMI token is only used to facilitate the staking system for the YOMI NFTs. It is not an investment token and holds no economic value.