Monthly TOMO Staking Program
Starting from 2020/07/13 at 00:00 AM UTC, Orex will begin taking live snapshots of user TOMO balances.
TOMO Staking distribution will be calculated as follows:
TOMO generated by each user = Total TOMO staking rewards received by Orex * User TOMO holdings ratio.
User TOMO holdings ratio = Average user TOMO holdings / Average total TOMO staked by Orex.
Users must hold at least 5 TOMO in order to qualify for staking rewards.
The initial distribution of TOMO staking rewards will be calculated through to 2020/08/30, with the total amount distributed equal to the staking rewards accrued during the period.
TOMO rewards are calculated daily and distributed monthly. Distributions will be completed before the 20th of each month, with the first distribution completed before August 20th.