FAQ
Does it matter whether I buy FLOKI on the Ethereum blockchain or the Binance Smart Chain?
In general, no, as there are major centralized exchanges available for users to utilize at any time, ensuring that token pricing remains relatively consistent. For instance, if you buy FLOKI on the Ethereum blockchain and later find that the price of FLOKI is slightly higher on the Binance Smart Chain when you're ready to sell, you can always use a centralized exchange to transfer your tokens to the Binance Smart Chain and sell them for the higher price.
Is the liquidity locked on both chains?
Yes. Liquidity is locked for 265 years on the Ethereum blockchain and for 265 years on the Binance Smart Chain.
What is the FLOKI supply?
ETH Total Supply - 10 Trillion Burned Supply - 4.288 Trillion Out of circulation - 0.678 Trillion
Circulating Supply - 5.034 Trillion
BSC Total Supply - 10 Trillion Burned Supply - 5.769 Trillion
Circulating Supply - 4.231 Trillion
Total Supply - 20 Trillion Total Burned Supply - 10.057 Trillion Total Circulating Supply - 9.265 Trillion
Is there a burn mechanism?
While FLOKI doesn’t implement burns on the contract level, its token supply remains perpetually deflationary due to the following burn mechanisms:
Our DeFi platform FlokiFi uses 25% of its ETH and BNB chain service fees to automatically buy back and burn FLOKI tokens.
Note: This mechanism will also be extended to TokenFi utility products, where 25% of their ETH and BNB chain service fees will automatically repurchase and burn TokenFi (TOKEN) tokens.
1% of Floki’s prepaid debit card top up fees go toward buying and burning FLOKI tokens
Tokens are burned as a penalty when FLOKI holders unstake early. The penalty varies based on the following staking periods:
3 months = 5%
12 months = 10%
24 months = 15%
48 months = 20%
Floki Burn Wallets
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