• TOMO staking has a lock-in period of 7 days.
• Staking is available every day. The period begins 1 day after the initial deposit.
• Gains will be calculated the day after the user purchases the product (Purchase date + 1 day). According to TOMO official PoS rules, any unstaked withdrawal will be paid out after 3 days (No staking rewards earned during this time). Initial deposits + gains will automatically be transferred to users’ wallets after 11 days.
• After 11 days, Cobo user can either withdraw their TOMO or enter the next staking period automatically. Users can choose “Automatic renewal after expiration” before 15:00 (UTC+8) on the maturity date.
• A minimum of 10 TOMO is required to participate.
• Any TOMO withdrawal will incur a fee of 2 TOMO (transferring TOMO from Rewards Wallet to Cloud Wallet).

Penalty for Early TOMO Withdrawal:

There will be a penalty for TOMO withdrawal before the end of the staking period. Users will also lose any rewards generated during the staked period.

In addition, early withdrawals are liable for

• Initial capital penalty of 2% if a withdrawal is made before ½ staking days.
• No initial capital penalty if the withdrawal is made after ½   staking days.

     * The daily reward rate will be dynamically adjusted according to node fluctuations

Frequently Asked Questions (FAQs)

Q: Is there a lock-up period?

• TOMO has a 7 days lock-up period. Users can transfer it out at any time. According to TOMO official PoS rules, any unstaked withdrawal will be paid out after 3 days (No staking rewards earned during this time). Initial deposits + gains will automatically be transferred to users’ wallets after 11 days (T+11).
• A minimum of 10 TOMO is required to participate.
• Any TOMO withdrawal will incur a fee of 2 TOMO (transferring TOMO from Rewards Wallet to Cloud Wallet).

Q: How to join the TOMO reward program?

If you are not a Cobo user, you can download the Cobo Wallet App from our website through this link. [Download Now]

If you already have the Cobo Wallet app, please refer to the following steps.

1. Select ‘Cloud Wallet’ and go to the ‘Assets’ page.
2. Tap on the plus sign at the top right of the page to add a coin.
3. Add TOMO to your wallet. You will see a checkmark once it’s added.
4. When you go back to the ‘Assets’ page, the TOMO wallet will show up.
5. Tap into the TOMO  wallet and you will see a purple box with ‘annual returns rate’.
6. Tap on the purple box to access the TOMO reward wallet.
7. Transfer TOMO to the reward wallet to start earning.