The #Floki DAO has executed a substantial token burn, removing 190,918,585,431.84 $FLOKI tokens across the ETH and BNB chains.
**Token Burn Details:**
- **ETH:** 120,000,000,000.00 $FLOKI
- **BSC:** 70,918,585,431.84 $FLOKI
**Transaction Verification:**
- [ETH](https://etherscan.io/tx/0xd433f12509e6ddcfd67c8ea84264a324962b7b20b6f63d47297b16ccb934a7d1)
- [BSC](https://bscscan.com/tx/0xe3ae40bdc1779ae8d83066cb4ef302d414cbf5a600e234b18c1848158bbf779f)
**Token Value:** Exceeding $47 million at announcement time.
While this marks a significant token burn, it's essential to recognize that further burns are anticipated through Floki utility. Last week alone, $1.12 million worth of FLOKI tokens were burnt through Floki utility and early unstaking penalty fee burns.
**Utility-driven Burn Increase:** An additional 11,393,659,974 FLOKI tokens, currently valued at over $2.8 million, have been burnt since our last announcement.
