Floki (FLOKI) is a decentralized community meme coin with its native ecosystem of products and services.
FLOKI is Floki's native utility token and is used in the following functions:
Payment Currency: Users can use $FLOKI to pay for products & services within the Floki ecosystem (I.e. FlokiFi Fees, Valhalla game & Crypto debit card).
Collateral: Users are able use $FLOKI as collateral to borrow & lend on DeFi protocols (I.e. Venus Protocol).
Governance: Participate in on-chain voting and create proposals.
The project consists of the following major components working in conjunction:
Valhalla: P2E NFT-based game and metaverse, currently available on PC & laptop.
FlokiFi: DeFi custody solution, where users are able to store their tokens (I.e. Liquidity Pool (LP) tokens, fungible tokens (ERC-20, BEP-20, etc), multi-tokens, and NFTs).
FlokiPlaces: Merchandise and NFT marketplace.
Floki NFTs: NFT holders have additional utility within the Floki ecosystem, particularly in Valhalla. NFT collections consist of Flokitars, Floki Gemstones & Diamond Hands (Ruby, Diamond, Sliver, Bronze tiers).
Floki Card: Crypto debit card powered by FCF Pay.
Floki University: Crypto education platform.
Transaction Tax: 0.3% transaction tax on every on-chain buy/sell transactions on the BNB Chain and Ethereum. Fees will go to the Floki treasury and decided by DAO governance. There is no tax on transfers.
Burn Mechanism: Floki Card fees (1%) go towards buying and burning FLOKI tokens.
As at May 5th 2023, the total supply of FLOKI is 10,000,000,000,000 and the circulating supply is 9,784,263,610,905 (~97.8% of total token supply).
A Meme Coin on BNB Chain and Ethereum
Jun 22nd, 2023