BRIDGING BEFORE THE FLOKI BRIDGE TOKEN BURN & DIAMOND HANDS REWARDS

FLOKI
2 min readJan 30, 2023

The Floki DAO recently passed a proposal to disable Floki’s main cross chain bridge and burn 4.97 trillion tokens from the bridge in order to ensure Floki’s long term health and stability. This proposal will be executed on the 9th of February, 2023.

We understand that since this is a permanent and irreversible decision, there are large holders who might want to bridge their tokens over to the BSC chain before the bridge is burnt. As a result, we’re making provisions for CEXs and holders with at least 10 billion tokens who would like to bridge their tokens over to the BSC chain.

The process for doing this is very simple, and we want you to pay VERY CAREFUL ATTENTION to this to avoid loss of your funds:

Users interested in taking advantage of this opportunity should email their intent to do so to bridge@floki.com where they will be asked to send their tokens to the Floki Multisig to initiate the bridge swap.

It is very important to pay attention to the above instructions. The request to bridge would NOT be carried out on Telegram, Twitter, or other channels. It would ONLY be carried out via email to the above email address (bridge@floki.com) and the ONLY way interested users would be able to bridge would be by sending their tokens to the Floki multisig through which the bridge request would be executed — ideally within 48–72 hours. Please note that any instructions contrary to this is not official and should be disregarded. Stay safe!

The bridging process outlined in this article will officially end on the 8th of February, 2023.

BRIDGING SMALLER AMOUNTS OF TOKENS

Users who want to bridge less than 10 billion FLOKI tokens can do so at anytime via the Multichain bridge:

https://app.multichain.org/#/router

The FLOKI bridge at Multichain would always be active — even after the 4.97 trillion tokens burn transaction (as it does not pose any significant threat to the project) — so you can make use of it at any time!

Here is a video tutorial on how to use the FLOKI bridge at Multichain:

IMPORTANT NOTE

Bridging is NOT compulsory, and your tokens would be fine regardless of what chain you have them on. We’re only introducing this option for holders who might want to take advantage of it.

DIAMOND HANDS REWARDS

We would also like to provide additional details about the Diamond Hands rewards that was mentioned when we announced the outcome of the DAO vote for the token burn/tax reduction.

Everyone who held FLOKI tokens prior to the “bridge token burn/transaction fee removal” DAO vote and who did not sell/transfer their tokens during the DAO vote and until voting ended will be eligible for a special pool when we launch Floki’s native staking solution. The exact mechanism of the implementation of this will be announced when we launch staking.

You need to hold at least $100 worth of $FLOKI tokens to qualify for the Diamond Hands rewards.

Stay tuned for more details on this.

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FLOKI

FLOKI is the main utility token of the Floki Ecosystem. Learn more about FLOKI: https://floki.com