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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