FLock.io introduces gmFLOCK lock-up time bonus and 100% fee burn

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ME News, May 19 (UTC+8): Privacy AI platform FLock.io announced the launch of FOMO Reward Season 2 to upgrade its incentive mechanism, adding a time bonus for locking platform-staked tokens in gmFLOCK. Meanwhile, the official announcement lowered the conversion fee for FLOCK-gmFLOCK to 2.28%, and all FLOCK tokens obtained from this fee will be fully burned. Under the new mechanism, the longer users lock their positions, the higher the reward bonus they can earn in FOMO. FLock.io said that with this Season 2 adjustment, on one hand, by reducing the gmFLOCK conversion fee, it lowers the barrier for users to enter the incentive program; on the other hand, through a 100% fee burn mechanism, it directly turns platform usage behavior into a deflationary source for FLOCK. (Source: Foresight News)
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