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Floki DAO Lifts Transaction Tax on $TOKEN to Enhance Accessibility

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by Giorgi Kostiuk

3 days ago


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.

This is a rare instance of absolute alignment within a DAO vote.CITE_W_A

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.

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