Token utility

1. Fee structure

The platform charges a fee for all completed deals. Income from these fees is distributed as follows:

Category	Size	Details
Token holders revenue-sharing	50%	Redistributed to token stakers
Affiliates revenue-sharing	20%	Referral payments *
Buyback and Burn	20%	Used to buy back and burn tokens, creating deflationary pressure
Development cost	10%	Used to cover development expenses, minus the team salary

*fee of deals made without a referral link are sent to the marketing fund

1. Voting

Time-weighted voting is used to provide long-term token holders greater governance weight and control of the project. Token is the unit of Fomo.rip governance voting power. It is received by staking locked tokens and is non-transferable.