Karma Partners with Floki to Use the FlokiFi Locker Protocol

FLOKI
2 min readOct 4, 2023

Floki has partnered with Karma, a revolutionary launchpad and DeFi platform.

Karma is redefining how launchpads work with a strong focus on security. They’re doing this through several innovative mechanisms that include automatic liquidity pool locks and delayed ownership transfers, a Downside Protection feature that returns the liquidity pool to investors after a certain threshold, Pre-Audited and verified contracts, and an Auto-Lock feature that automatically locks team tokens for projects that launch with them.

Karma x FlokiFi Locker

With this partnership, and in alignment with its strong focus on security, Karma is adopting FlokiFi Locker as the primary token and LP locker protocol for its launchpad platform.

Karma has locked 100% of its LP tokens with FlokiFi Locker for a period of six months and 32.9% of its tokens for three months.

Karma will also be integrating the FlokiFi Locker protocol and mandating projects that launch with them to lock their tokens and LP with the FlokiFi Locker protocol.

Floki is impressed by Karma’s unique and innovative approach to launchpads and how much of a premium they have placed on security in an industry plagued with rugs and scams. We’re excited about this partnership; it is the beginning of an exciting relationship together!

About Karma

Karma is a new launchpad focused on investor safety. With our main product, KarmaPad, we aim to change how token presales work. We prioritize offering strong protections for investors and making things simpler for developers. Our goal is to make cryptocurrency launches safer and fun for everyone.

Website: https://thekarmapad.com/

Twitter: https://twitter.com/TheKarmaPad

About Floki & FlokiFi Locker

FlokiFi Locker is a secure and innovative crypto locker solution that allows crypto project developers and individuals to quickly and securely lock Liquidity Pool (LP) tokens, NFTs, and fungible tokens. It is the only locker protocol to integrate the ERC-1155 standard.

FlokiFi Locker is one of Floki’s essential utility products powered by the FLOKI token and backed by the strong Floki brand and several leading industry brands.

Floki is the people’s cryptocurrency and one of the most recognizable crypto brands, with an active partnership with a leading Formula 1 team and partnerships with eight international football brands. These partnerships have exposed the Floki brand to a mainstream audience of over 3 billion people.

Website: https://floki.com/

Twitter: https://twitter.com/realflokiinu

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FLOKI

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