The MMO token has a max supply of 5,000,000. For every 1 MMF earned in the performance fees, 0.115 MMO is minted (this amount that is minted is subjected to adjustments. In the event MMO price goes up, minting will be lesser). You can earn MMO by using the farms, or you can buy MMO on MM Finance. Roughly 13% of all MMO mints will go towards development to ensure rapid innovation. Once all 5 million $MMO tokens have been fully minted, $MMO will become a governance token that continuously earns platform fees — Performance and Withdrawal fees similar to Gen 1 auto-compounding services.
In the meantime, before all 5 million tokens have been minted, we will ‘abuse’ the tokenomics (high APY!) to ensure we lock in as much TVL as possible.