TokenFi has officially removed the transaction tax on its token, TOKEN, following a unanimous vote by the Floki DAO. This decision aims to enhance accessibility and expand the utility of the token.
Unanimous Floki DAO Decision
The Floki DAO unanimously voted to remove the 0.3% transaction tax on TOKEN. "The Floki DAO proposal to remove the tax received 100% support from the community," the project team announced. The transaction tax on $TOKEN is now set to 0%.
Impact on Liquidity and Accessibility
The tax removal is already live on both Ethereum and BNB Chain networks. This move is expected to improve TOKEN's liquidity on decentralized exchanges and enhance market efficiency.
Future Outlook for TokenFi and Floki
TokenFi aims to position TOKEN as a utility and governance asset across DeFi sectors. The TokenFi platform offers tools like the Launchpad, AI Smart Contract Auditor, and RWA Module, powered by the TOKEN.
The removal of the transaction tax on TOKEN marks a significant step towards broadening the token's usage and popularity among users, paving the way for further growth in the Floki and TokenFi ecosystem.
