Miami, Florida, March 27th, 2025
TokenFi has officially removed the 0.3% buy/sell tax on its native token, TOKEN, following a unanimous vote from the Floki DAO. This decision reflects a strong consensus within both the Floki and TokenFi communities, emphasizing the importance of lowering trading friction to enhance accessibility and broaden the token’s utility.
“The Floki DAO proposal to remove the 0.3% buy/sell tax on $TOKEN received 100% support from the community,” the project team disclosed. “In line with the decision of the Floki DAO, the buy/sell transaction tax on $TOKEN has been removed.”
This timely vote indicates a collective desire from the community to foster a trading environment that is more inviting for both new and existing token holders. With the tax removal now active across both the Ethereum and BNB Chain networks, TOKEN aims to boost liquidity on decentralized exchanges and enhance overall market efficiency.
The original proposal can be viewed on Snapshot, where it received unanimous approval—demonstrating rare alignment in DAO governance. With the buy/sell tax now set to 0%, TokenFi is positioned to stimulate further adoption of TOKEN, minimizing barriers to participation in the platform.
TokenFi is strategically aligned with the Floki ecosystem, working to establish TOKEN as a key utility and governance asset across various DeFi platforms. The removal of transaction friction is part of TokenFi’s broader strategy to expand real-world use cases and enhance the trading appeal of its token.
The change is effective immediately, marking a significant shift in the platform’s approach to tokenomics.
TokenFi is an all-in-one no-code tokenization platform that empowers users to create tokens effortlessly. With plans to tokenize real-world assets (RWAs) in just a few clicks, it aims to capitalize on the burgeoning $16 trillion tokenization industry projected by 2030. The platform offers a comprehensive suite of tools, including the TokenFi Launchpad, AI Smart Contract Auditor, RWA Module, among others, all powered by its utility token, TOKEN.
About Floki
Floki serves as the people’s cryptocurrency and utility token within the Floki Ecosystem. The project is dedicated to becoming the most recognized and utilized cryptocurrency globally through a focus on utility, philanthropy, community engagement, and robust marketing efforts. Currently, Floki boasts over 530,000 holders and has achieved significant visibility through strategic partnerships.
Website: https://floki.com
Twitter: https://x.com/RealFlokiInu
About TokenFi
TokenFi is a pioneering platform for crypto and asset tokenization, enabling seamless asset launches and tokenization. With its user-friendly interface, TokenFi is set to transform the trillion-dollar tokenization industry, removing the coding barriers that often hinder innovation.
Website: https://tokenfi.com
Twitter: https://twitter.com/tokenfi
