While $FLOKI/ $TOKEN does not perform any contractual burn, supply is perpetually deflationary due to the following burn mechanisms:

⁃ DeFi platform FlokiFi uses 25% of the $ETH and $BNB chains' service fees to automatically buy back and burn $FLOKI tokens.

NOTE: This mechanism will also be implemented in future TokenFi utility products that will buy back and burn @tokenfi tokens ( $TOKEN ).

⁃ 1% of Floki prepaid debit card reload fees go towards purchasing and burning $FLOKI tokens

⁃ Tokens are burned as a penalty when $FLOKI/ $TOKEN holders unlock early, the penalty varies based on the following staking periods:

3 months = 5%
12 months = 10%
24 months = 15%
48 months = 20%

#Floki #Token #TokenFi #Crypto #RWA