$1000FLOKI Smart Monkey (MONKY) is a commemorative coin launched by Ape Accelerator and Animoca Brands subsidiary Forj, inspired by the proverb of "See No Evil, Hear No Evil, Speak No Evil." The launch date for MONKY is today at 6 PM Beijing time.

The snapshot for FLOKI token holders will only occur after the MONKY launch. It is worth noting that, according to official news, the snapshot time for airdropping MONKY tokens to FLOKI token holders has not yet started, with the snapshot time set for 8 AM Beijing time on December 15. The distribution of MONKY tokens from the airdrop will occur on December 20. It has also been stated that DWF Labs will serve as the main market maker for MONKY.

To prevent a large number of "on-chain scientists" from taking advantage of the launch, the Wise Monkey team has designed an "anti-sniping mechanism" for the opening. Specifically, only those who hold at least $1,000 worth of FLOKI and TOKENFI tokens or stakers before 11 PM Beijing time on December 9 (the snapshot) can purchase MONKY tokens within the first 10 minutes after the launch. During this 10-minute period, there will be a purchase limit for individual wallets, set at 0.02% of the total token supply. After 10 minutes, all addresses will be able to purchase MONKY tokens.

Proposal to use $300,000 from the Floki treasury to purchase MONKY tokens Yesterday, Floki DAO released a new proposal to use $300,000 of treasury funds to purchase MONKY tokens, which ultimately passed with a support rate of 99.87%.