ChainCatcher news, Floki DAO voted to pass the proposal of "providing liquidity for Floki ETP".

For the first time in history, the FLOKI DAO proposal was passed with unanimous support and zero votes against, and decided to use part of the 16,310,285,772.6 FLOKI tokens to provide liquidity for FLOKI ETP, and the rest will be destroyed.

The creation of FLOKI ETP is driven by respected asset management companies and ETP issuers. It is expected to go online in the first quarter of 2025 and is expected to become the second meme token ETP listed on a regulated exchange after Dogecoin ETP.