Token staking

$GMO Token Staking refers to a player choosing to stake their $GMO Tokens, which are then locked in a smart contract and can't be used during the staked period.

This is done in several ways, depending on the purpose of staking:

Stake to Vote

$GMO Token is a governance token that can be used to vote and influence on decisions around product features and gaming content. Specifically, we are looking to build decentralized decision-making in areas such as:

• Game content

• Contest design and reward distribution across Gamio Platform

Stake to Earn

• Promotional events will be organized over time to enable $GMO holders earn various rewards by contributing $GMO to liquidity pools. The rewards will vary, based on marketing activities & partnerships of the company.