Binance Square
LIVE
LIVE
Cryptomane
Bullish
--7.8k views
While $FLOKI/ $TOKEN does not perform any contractual burn, supply is perpetually deflationary due to the following burn mechanisms: ⁃ DeFi platform FlokiFi uses 25% of the $ETH and $BNB chains' service fees to automatically buy back and burn $FLOKI tokens. NOTE: This mechanism will also be implemented in future TokenFi utility products that will buy back and burn @tokenfi tokens ( $TOKEN ). ⁃ 1% of Floki prepaid debit card reload fees go towards purchasing and burning $FLOKI tokens ⁃ Tokens are burned as a penalty when $FLOKI/ $TOKEN holders unlock early, the penalty varies based on the following staking periods: 3 months = 5% 12 months = 10% 24 months = 15% 48 months = 20% #Floki #Token #TokenFi #Crypto #RWA

While $FLOKI/ $TOKEN does not perform any contractual burn, supply is perpetually deflationary due to the following burn mechanisms:

⁃ DeFi platform FlokiFi uses 25% of the $ETH and $BNB chains' service fees to automatically buy back and burn $FLOKI tokens.

NOTE: This mechanism will also be implemented in future TokenFi utility products that will buy back and burn @tokenfi tokens ( $TOKEN ).

⁃ 1% of Floki prepaid debit card reload fees go towards purchasing and burning $FLOKI tokens

⁃ Tokens are burned as a penalty when $FLOKI/ $TOKEN holders unlock early, the penalty varies based on the following staking periods:

3 months = 5%

12 months = 10%

24 months = 15%

48 months = 20%

#Floki #Token #TokenFi #Crypto #RWA

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
0
Replies 4
Quote 2
Explore Content For You
Sign up now for a chance to earn 100 USDT in rewards!
or
Sign up as an entity
or
Log In
Relevant Creator
LIVE
@Cryptomane

Explore More From Creator

--

Latest News

View More
Sitemap
Cookie Preferences
Platform T&Cs