What is nofomo?
Project📢 Description: Nofomo
Introduction: Nofomo is a decentralized cryptocurrency project aimed at providing users with an alternative to traditional financial systems. With a focus on combating the fear of missing out (FOMO) commonly associated with investment decisions, Nofomo offers a transparent and community-driven approach to value creation.
Website: Nofomo
Social Media Presence: Stay updated with Nofomo's latest developments and engage with the community on Twitter.
Mining Output: Nofomo operates on a mining model to distribute tokens and maintain the network. Every 150 blocks, approximately half an hour, constitute one cycle of mining output. During each cycle, the following distribution occurs:
70% of mining output is allocated to mint rewards.
20% goes to the FOMO3D reward pool.
10% is allocated for staking rewards.
ETH Allocation Ratio: The Ethereum (ETH) allocation within the Nofomo ecosystem is divided as follows:
90% of ETH is automatically added to the liquidity pool, ensuring liquidity and stability within the ecosystem.
10% of ETH is dedicated to supporting the ecosystem through activities such as listings, promotions, and donations.
Conclusion: Nofomo strives to foster a community-centric environment where participants are incentivized to engage with the project through mining, staking, and liquidity provision. By prioritizing transparency and inclusivity, Nofomo aims to alleviate the pressures associated with FOMO while empowering users to take control of their financial decisions. Join the Nofomo movement and embrace a new era of decentralized finance.
