#Floki🔥🔥 $FLOKI # Exciting proposal, everyone is waiting to see, anyone can buy floki on the stock exchange at any time, excellent cryptocurrencies will shine in the future.
ETP is an investment tool that can be traded on the stock exchange like an ETF, but with a slightly different structure and purpose. ETP is a one-stop solution that fully integrates into the TradFi ecosystem and builds a bridge for TradFi investors to easily access, buy and hold Floki in a safe and regulated manner. A key similarity between ETP and ETF is that they both make it easy for institutional and retail investors to access assets in a transparent and regulated manner.
Floki ETP is currently in the late stage and will be traded on the SIX Swiss Exchange, the largest stock exchange in Switzerland and the third largest stock exchange in Europe.
After going online, Floki ETP will allow institutional investors, regulated entities and retail investors to invest in FLOKI in a regulated manner.
This is a major move that is almost unprecedented in the space, as Dogecoin is currently the only memecoin in the world with a live ETP - and Floki could be the next memecoin with an ETP after Dogecoin. It is also worth noting that the Dogecoin ETP is listed on the Swedish Spotlight Stock Market, while the Floki ETP will be listed on SIX Swiss Exchange, a larger stock exchange based in Switzerland, which is known for its reputation for purity and luxury.
The purpose of this DAO proposal is to seek approval from the Floki DAO to provide liquidity for the ETP.
More specifically, we conducted a series of buybacks about 3 years ago based on a community vote.
We currently hold 16,310,285,772.6 FLOKI tokens in the above wallet and propose to use a portion of these to provide liquidity for the ETP, while destroying the remaining tokens on the day of the ETP launch.