# Token Staking

$FOMO believes in rewarding it's most loyal and repeat customers with passive income. As such, investors holding at least **0.5% of $FOMO** are granted access to token staking. This will also be variable APR:

**Token Amount stakeable:** Based on number of NFTs held by the wallet. Every 5 NFTs owned increase the total amount of tokens staked by 0.1%.

**APR for Token staking:** Based on the sold amount of the NFT on Opensea. For example, the highest sold NFT on Opensea will attain the highest APR for token staking.

**Deposit fee:** 1% (goes back into the staking contract) 

**Withdrawal fee:** 1% (goes back into staking contract)

**NFT leaderboard** 

A Dapp will include a leaderboard of sold NFTs alongside the APR allocated to each. You can search up your wallet via the Dapp to see where your NFT is ranked and how much APR it will receive from NFT/Token staking.


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