FLOKI’S SISTER TOKEN TOKENFI IS NOW LIVE AND TRADABLE

FLOKI
3 min readOct 27, 2023

Floki’s sister token, TokenFi, with the ticker $TOKEN, is now live and tradable on Uniswap and PancakeSwap!

TokenFi is a crypto and asset tokenization platform that aims to capitalize on the trillion-dollar tokenization industry.

TOKENFI TOKEN DETAILS:

  • Token name: TokenFi
  • Token Ticker: TOKEN
  • Total supply: 10 billion tokens split across BSC and ETH (5 billion tokens on each chain).
  • Launch market cap: $50,000 circulating and $500,000 diluted market cap.
  • Industry targeted: Tokenization, Real World Assets, Launchpad.
  • TokenFi website: https://tokenfi.com/

CONTRACT DETAILS:

NOTE: Based on feedback and strong demand, we have modified the contract parameters for the first hour of launch: the initial wallet cap has been reduced from 1% to 0.1% of supply on each chain, to counter bots/snipers, while the initial buy/sell transaction tax remains 20%. We will assess the situation and adjust these parameters accordingly, eventually settling for a 5% buy/sell tax and no wallet cap.

STAKING WILL GO LIVE WITHIN THE NEXT 2 HOURS

The Floki staking program will go live within the next 2 hours.

It will go live on our official staking page: https://staking.floki.com

Please note that this page is on the floki.com domain name. Scammers are on the prowl and are willing to take advantage of unsuspecting users. We would NOT host staking on ANY other website except the floki.com website.

Here is a quick overview of all you need to know about Floki’s staking program:

1. 56% of the total TokenFi supply will be allocated to the Floki stakers; from this, 2% of the total supply will be set aside for Floki NFT holders and “Diamond Hands” qualifiers to fulfil an earlier promise.

2. Users can stake for a period of 3 months to 48 months. The longer tokens are staked for, the more rewards/APY you earn.

3. Below is a breakdown of the multipliers used for different staking durations:

  • 3 months — 1.25x
  • 12 months — 2x
  • 24 months — 3x
  • 48 months — 4x

4. While you need to stake and lock your tokens for at least three months, we implemented a convenience feature for people who would like to unstake earlier but with a penalty fee. This penalty fee charges a portion of the staked FLOKI tokens being unstaked before the due time. It sends them to a burn wallet, making Floki deflationary through the staking program. The penalty fee only applies if users unstake before the selected duration expires.

Below is a breakdown of the penalty fee for different staking durations:

  • Early unstaking fee for 3 months plan: 5%
  • Early unstaking fee for 12 months plan: 10%
  • Early unstaking fee for 24 months plan: 15%
  • Early unstaking fee for 48 months plan: 20%

5. When you stake your FLOKI tokens, you can claim your TokenFi (TOKEN) rewards anytime.

--

--

FLOKI

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