$FLOKI ++ IF WE BURN THESE CONSTANT MONTHLY QUANTITIES ++ at the end of the year the total AMOUNT OF TOKE WILL BE ONLY 6T
$55.26 MILLION+ IN $FLOKI BURNED SO FAR IN MARCH THROUGH STRONG UTILITY DEMAND
A total of 214,774,104,953 $FLOKI tokens, worth $55,261,377.2 at the time of writing, have been burned so far in March.
That's more burns than $DOGE, $SHIB, $PEPE, $WIF, $BONK and other top #memecoins combined!
These burns are happening through a combination of Floki's utility products and a DAO-approved burn.
We expect these burns to ACCELERATE with the launch of more #Floki products later this year and as strong momentum for Floki continues.
These utility-driven burns automatically remove $FLOKI from circulation as demand and use of Floki products increase, and they will continue well into the future as adoption of Floki products increases.
Specifically, these burns are driven by two key Floki products:
1. The Floki Staking program, which has a 5 - 20% early unstake penalty fee in the form of $FLOKI , which is burnt whenever a Floki staker unstake earlier than the due date.
2. The FlokiFi Locker DeFi protocol, which buys/burns $FLOKI whenever it is used on the ETH and BNB chains.
In addition, we have several exciting products coming later this year, such as the "Floki Trading Bot," which will aggressively accelerate $FLOKI burns.
We've also kickstarted aggressive marketing campaigns to help accelerate the adoption of Floki products and introduce Floki to billions of new users as we work towards our goal of becoming the world's most known and most used cryptocurrency.
Things are about to get really exciting for Floki going forward. Stay tuned! ๐.
$55.26 MILLION+ IN $FLOKI BURNED SO FAR IN MARCH THROUGH STRONG UTILITY DEMAND
A total of 214,774,104,953 $FLOKI tokens, worth $55,261,377.2 at the time of writing, have been burned so far in March.
That's more burns than $DOGE, $SHIB, $PEPE, $WIF, $BONK and other top #memecoins combined!
These burns are happening through a combination of Floki's utility products and a DAO-approved burn.
We expect these burns to ACCELERATE with the launch of more #Floki products later this year and as strong momentum for Floki continues.
These utility-driven burns automatically remove $FLOKI from circulation as demand and use of Floki products increase, and they will continue well into the future as adoption of Floki products increases.
Specifically, these burns are driven by two key Floki products:
1. The Floki Staking program, which has a 5 - 20% early unstake penalty fee in the form of $FLOKI , which is burnt whenever a Floki staker unstake earlier than the due date.
2. The FlokiFi Locker DeFi protocol, which buys/burns $FLOKI whenever it is used on the ETH and BNB chains.
In addition, we have several exciting products coming later this year, such as the "Floki Trading Bot," which will aggressively accelerate $FLOKI burns.
We've also kickstarted aggressive marketing campaigns to help accelerate the adoption of Floki products and introduce Floki to billions of new users as we work towards our goal of becoming the world's most known and most used cryptocurrency.
Things are about to get really exciting for Floki going forward. Stay tuned! ๐.