FLOKI has been actively pursuing new developments to strengthen its ecosystem. The team introduced a trading bot and achieved major listings, like Kraken adding FLOKI to its exchange listing roadmap, just in the last 24 hours.
FLOKI introduced a Telegram based trading bot tool that enables holders to trade any token on the BNB Chain network. Public availability is expected in mid-June. The service will later be expanded to the Ethereum and Base blockchains. The bot, requiring FLOKI tokens for use, aims to increase token demand through a fee structure that supports buying pressure. The bot charges a 1% fee on every transaction, with 50% of the collected fees used to buy FLOKI on the open market, thus contributing to buying pressure.
Some other examples of utility include FLOKI launching a decentralized domain name service on the BNB Chain mainnet. This service allows users to create .FLOKI domain names, representing their on-chain identities.
FLOKI roadmap shows that it is in talks to offer digital banking accounts in partnership with a licensed fintech firm. Users can link these accounts to FLOKI debit cards for smooth transactions in euros, US dollars, and more.
Another major project in progress is the launch of Valhalla, FLOKI’s play-to-earn NFT gaming metaverse.