The Floki Staking program
The Floki staking program was designed to reward loyal, diamond handed FLOKI holders. When you stake your FLOKI tokens, you will earn our sister token named TokenFi as a reward.
Last updated
The Floki staking program was designed to reward loyal, diamond handed FLOKI holders. When you stake your FLOKI tokens, you will earn our sister token named TokenFi as a reward.
Last updated
The Floki community is renowned for being diamond-handed, and given TokenFi's position in an industry with enormous potential, FLOKI holders are prime candidates to receive the majority of TokenFi tokens. As they stake their FLOKI tokens to acquire TokenFi rewards, this also ensures stability for the FLOKI token.
Floki's official staking page is: https://staking.floki.com
Here is an overview of all you need to know about Floki’s staking program:
54% of the total TokenFi supply has been allocated to the Floki stakers.
Users can stake for a period of 3 months to 48 months. The longer tokens are staked for, the more rewards/APY you earn.
Below is a breakdown of the multipliers used for different staking durations:
3 months — 1.25x
12 months — 2x
24 months — 3x
48 months — 4x
While users are required to stake and lock their tokens for a minimum of three months, we have introduced a convenience feature for those interested in unstaking earlier, albeit with a penalty fee. This fee deducts a portion of the staked FLOKI tokens upon early unstaking, directing them to a burn wallet. Consequently, Floki becomes deflationary through the staking program. Importantly, the penalty fee is applicable only if users choose to unstake before the selected duration expires.
Below is a breakdown of the penalty fee for different staking durations:
Early unstaking fee for 3 months plan: 5%
Early unstaking fee for 12 months plan: 10%
Early unstaking fee for 24 months plan: 15%
Early unstaking fee for 48 months plan: 20%
4. When you stake your FLOKI tokens, you can claim your TokenFi (TOKEN) rewards anytime.
