Floki DAO has decided to abolish the 0.3% buy/sell tax on $TOKEN, aiming to improve its accessibility and market activity.
A Unanimous Decision from Floki DAO
The proposal to eliminate the buy/sell tax on $TOKEN was presented through the Floki DAO and received unanimous support. The transaction tax is now set to 0% across the Ethereum and BNB Chain networks. This move intends to create a more seamless trading experience and improve the token's liquidity.
Aiming for Broad Utility and Increased Adoption
TokenFi aims to position $TOKEN as a vital utility in DeFi ecosystems by providing users with tools to create tokens and tokenize real-world assets easily. The tax removal is part of a strategy to increase the utility and value of $TOKEN.
TokenFi Platform and Ecosystem
TokenFi facilitates the tokenization of digital and real-world assets, offering blockchain advantages without needing complex coding knowledge. The platform is live in various networks, including Ethereum, BNB Chain, opBNB, Base, and Arbitrum. $TOKEN plays a central role in TokenFi's ecosystem, being used in the platform’s multiple services.
Removing the $TOKEN transaction tax is a significant step in expanding TokenFi's influence and functionality. This decision is expected to boost liquidity and attract more participants to the ecosystem.
