# Utility

The Yoyo Market Token is a vital component of our app, acting as the foundation for building a strong user base and cultivating a lasting community. We've carefully designed the utility of our token to bring all participants into harmony and drive sustained growth.

**Weekly fee rebates through staking:**

* Each week, 40% of revenue is allocated to fee rebate
* Users who contributed revenue to the protocol and staked at least a certain amount of tokens will be eligible for rebate. This amount can change over time and will be communicated on official channels.
* To stake $YOYO, use the same Ethereum mainnet wallet address as the one that you are using on our app on the Arbitrum network. \
  \&#xNAN;*<mark style="color:blue;">Tip: Import your private key into a wallet of your choice, such as Metamask, and send the $YOYO tokens you want to stake to this address.</mark>*

\
**App revenue**\
While our app is free to use, it charges a fee of 5% on **successfully executed pools and PvP predictions.** This fee is firstly being used for paying gas fees for settling challenges and pools. Do note that the app fees are subject to change in the future. \
\
Overall, this is how the revenue distribution would look like (after paying for gas):

* 50% will be allocated to growth of the project: lp, development, mods, infrastructure and other mandatory day-to-day costs
* 30% rebate for stakers
* 20% buyback & burn

***Please note that $YOYO is purely a utility token being used within our Telegram web app. $YOYO holds no inherent financial value or investment potential.***


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