What is $FJO?
$FJO is the native token of Fjord, designed to fuel our ecosystem without creating barriers to project participation. Our goal is to return value directly to our token holders through repurchasing and burning $FJO using 90% of platform revenue, and providing stakers of $FJO with airdropped tokens launching on Fjord and $FJO bought on the open market.
Why Hold $FJO?
Staking
$FJO holders can stake their tokens and claim ownership of more tokens overtime through bought back $FJO on the open market.
Airdrops
$FJO stakers gain access to airdrops from projects launching on Fjord. To drive awareness of their token, some projects may choose to airdrop a portion of their token to $FJO stakers.
Buy-Back
and Burns
$FJO has a deflationary structure. We use 90% of revenues to repurchase $FJO on the open market, reducing supply and driving up scarcity. Stakers will also benefit from these buybacks as rewards.
