Utility and Burning $POMO

$POMO Tokens can be used in the following situations:

Consumer Utility:

Consumers can use $POMO Tokens to upgrade their memberships with specific merchants, receiving up to a 50% discount on the subscription fee.

For example, if the annual membership subscription fee for a merchant is 250 USD, consumers can pay up to 125 USD in $POMO Tokens and 125 USD in fiat currency to upgrade their membership.

In this transaction, 10% of the $POMO Tokens used will be burned.

Merchant Utility:

Merchants can use $POMO Tokens to subscribe to the POMO Curator service with up to a 50% discount on the subscription fee. Additionally, they can initiate short-term campaigns to incentivize customers to earn $POMO Tokens.

For the subscription fee, if the annual POMO Curator subscription fee for a merchant is 250 USD, they can pay up to 125 USD in $POMO Tokens and 125 USD in fiat currency for the subscription.

For short-term campaigns, merchants can stake $POMO Tokens into a pool for a fixed time. If a customer visits the merchant and makes a purchase, they can earn more $POMO Tokens than usual.

In this case, 50% of the $POMO Tokens used for the merchant subscription fee will be burned, with the remaining 50% going into the POMO Network treasury. For transactions during short-term campaigns, 25% of the additional bounty will be burned, with the remaining 75% serving as the consumer reward.