The pot sits with a keeper. In v0 the pot is a wallet run by the keeper bot, not a contract. The published log lets anyone check every payout, but you are trusting a key. v1 moves the pot into a vault where the keeper only proposes a winner and the log opens a dispute window.
FOMO is a dependency. The keeper reads theses through FOMO's API. If the API is down or changes, the round is voided and the whole pot rolls into the next candle. This project is not made by, endorsed by or affiliated with FOMO.
Bots will play. The candle turns a one-second sniping race into a minute of posting, and the cooldown keeps one wallet from taking every round. It doesn't stop bots from playing, and they will.
$20 is a ticket, not a deposit. The price of $LAST moves, and a ticket can be worth less than $20 at payout, which disqualifies it. Most theses win nothing. Only the last one gets paid.
Timestamps are FOMO's. Ties and ordering follow FOMO's server time. Posts that FOMO rejects or hides never reach the log.
Nothing here is yield. The pot is the fees of trading in $LAST. If trading stops, the candles keep burning over an empty pot.