Floki DAO voted unanimously to remove the 0.3% transaction tax on $TOKEN to enhance its accessibility and usability.
Decision by Floki DAO
The proposal to remove the buy/sell tax on $TOKEN was made through the Floki DAO, a key governance body in the Floki ecosystem. The vote, conducted via Snapshot, received 100% support.
Increasing Liquidity and Trade Appeal
Removing the transaction tax makes $TOKEN more attractive to holders and traders. TokenFi has already connected with exchanges and market makers to enhance liquidity and market efficiency.
TokenFi's Long-Term Strategy
TokenFi aims to make tokenization accessible without coding knowledge. The $TOKEN plays a central role in powering the platform’s tools and services.
The removal of the tax is a key move in TokenFi's strategy to expand $TOKEN's utility and adoption across DeFi platforms.