$FOMOSPIN

$FOMOSPIN connects fee-funded buybacks and burns with a prize draw for eligible holders.

Looking for the overview? See the $FOMOSPIN page.

Buyback and burn

After a winning round, the settlement cycle claims available trading fees. Part of the claimed amount buys tokens from the market, and the tokens received are sent to the burn address.

A thesis is an entry into the draw. It does not trigger an immediate, separate burn or set the buyback amount. Skipped rounds do not run the cycle. Buybacks require claimable fees, and a failed execution step may prevent a burn from completing.

Burn statistics

The token page shows the balance at the burn address for the configured token and network. This is the on-chain amount removed from circulation, including tokens sent there outside Fomospin's own buybacks. It is not a sum of simulated rounds.

The percentage compares that balance with the token contract's total supply. Transfers to a burn address do not necessarily reduce the contract's totalSupply value. The explorer link lets you inspect the address directly. If the chain cannot be read, the amount is shown as unavailable.

Entry threshold

Hold $100 or more of $FOMOSPIN in the fomo account that posts the thesis. The position is checked when the thesis is detected and again when entries close.

Prizepool

Trading fees from $FOMOSPIN are claimed into the Prizepool on a schedule. A funded round with eligible entries pays its pot from that balance. A skipped round makes no payout and leaves any available funds for a later round. Recent claims appear under Winners → Prizepool.

Launch status

The official $FOMOSPIN contract address:

0x9d1961e9a601765015dfbb8ef7079732f48d9d9b

View on the explorer