Emission Rate & Burning Mechanism
Emission Rate:
Supply: Unlimited
1 LABO/Block
28,800 LABO/Day
9,09% will be sent to the team address for marketing and dev expenses
After the implementation of the NFT’s, 60% of that amount will be for NFT holders
Burning:
Before the NFT implementation, 50% of the dev mining reward will be burned
After the NFT implementation, 20% will be burned and 60% distributed towards the NFT holders
NFT holders will be able to decide how to manage later on the burning mechanism
All the revenues generated by the sale of LABO NFT’s will be used to buy back LABO and burn it
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