According to ChainCatcher, Floki DAO voted to pass the proposal to "provide liquidity for Floki ETP."
This is the first time in the history of FLOKI DAO proposals that a proposal has been passed with all votes in favor and zero votes against. It was decided that part of the 16,310,285,772.6 FLOKI tokens will be used to provide liquidity for FLOKI ETP, and the rest will be destroyed. The creation of FLOKI ETP is driven by respected asset managers and ETP issuers, and is expected to go live in the first quarter of 2025, and is expected to become the second meme token ETP to be listed on a regulated exchange after Dogecoin ETP.
