Floki DAO recently announced the removal of the 0.3% buy/sell tax on the $TOKEN, a significant move towards enhancing its accessibility in the cryptocurrency markets.
A Unanimous Decision from Floki DAO
The proposal to remove the tax was made through Floki DAO, receiving unanimous support. The buy/sell transactional tax on $TOKEN is now set to 0% across Ethereum and BNB Chain, simplifying trading and fostering liquidity.
Aiming for Broad Utility and Increased Adoption
TokenFi, part of the Floki ecosystem, offers a platform for easy token creation and real asset tokenization. Simplifying the trading process is set to broaden $TOKEN's use, including in DeFi applications.
TokenFi’s Long-term Prospects
TokenFi aims to capitalize on the tokenization market, projected to reach $16 trillion by 2030. The platform is active on networks like Ethereum and BNB Chain, with $TOKEN central to its operations.
The decision by Floki DAO to remove the tax on $TOKEN represents a strategic advancement for TokenFi and its platform, fostering liquidity and utility in the DeFi sphere.
