FLOKI TRADING BOT BUY/BURN CONTRACT UPGRADE IS LIVE
The highly anticipated buy/burn mechanism of the Floki Trading Bot is now live after overcoming initial technical hurdles that prevented it from working since the mainnet launch of the bot. From today, all trades conducted through the bot will contribute to the buyback and burn of $FLOKI, enhancing the deflationary model that powers our ecosystem.
As part of this upgrade, 50% of the ~$1 million+ in fees accrued from previous trades will be applied to buy and burn $FLOKI , in line with our original commitment when we announced the Floki Trading Bot.
To clarify, the Floki Trading Bot charges a 1% fee on every trade. 50% of the bot's fees is programmed to buy and burn $FLOKI tokens, the main utility token of the bot, while the other 50% goes to the Floki Treasury.
The Floki Trading Bot, accessible directly through Telegram, is designed for quick, secure, multi-chain trading across Ethereum, BNB, and Base networks. If you're looking for a fast and seamless way to trade while supporting the FLOKI ecosystem, now's the perfect time to get started!