Miami, Florida, March 27, 2025, Chain Wire
Tokenfi officially eliminated the 0.3% buying and selling tax on native token Token following a unanimous vote from Floki Dao.
“Floki Dao’s proposal to remove the 0.3% buy and sell tax on $tokens received 100% support from the community,” the project team announced. “The buy/sell transaction tax on $tokens has been removed in line with Floki Dao’s decision.”
This vote presents a clear consensus within the Floki and Tokenfi community that reducing trade friction is essential to increasing accessibility and unlocking the wider utility of tokens.
Tax payments are already publicly available across both the Ethereum and the BNB chain networks.
The original proposal, published via snapshots, received full support and made this one of the rare DAO votes with absolute alignment.
With the purchase/selling tax currently set at 0%, Tokenfi aims to promote further adoption by reducing barriers for both new and existing holders. This move also helps to increase token liquidity throughout decentralized exchanges and improve market efficiency.
Connected to the Floki Ecosystem, Tokenfi is working to deploy tokens as utility and governance assets across the Defi platform. Deleting transaction friction is one of several steps to expand the actual use cases of tokens and transaction appeals.
The changes take effect immediately.
Tokenfi is a codeless all-in-tokenization platform that allows users to create tokens and allows users to tokenize their real assets (RWAs) with just a few clicks using the WysiWyg interface. No coding required. Positioned to capitalize on the $16 trillion tokenization industry by 2030, Tokenfi aims to simplify and accelerate the process of supplying assets in chains.
Backed by the Floki Ecosystem, Tokenfi is managed by Floki Dao and is led by the same core team behind the globally recognized Floki token. The platform includes a suite of tools such as Tokenfi LaunchPad, AI Smart Contract Auditor, and RWA modules.
About Floki
Floki is the People’s Cryptocurrency and Utility Token of the Floki ecosystem. Floki aims to become the world’s most well-known and most used cryptocurrency, and intends to achieve this ambitious goal with a focus on utilities, philanthropy, community and marketing. Floki currently has over 530,000 holders and has a strong brand recognized by billions of people around the world thanks to its strategic marketing partnership.
Website: https://floki.com
Twitter: https://x.com/realflokiinu
About Tokenfi
Tokenfi is an innovative platform for encryption and asset tokenization, allowing users to easily launch or tokenize assets. Tokenfi is committed to revolutionizing the trillion dollar tokenization industry by providing a user-friendly interface that doesn’t require coding expertise.
Website: https://tokenfi.com
Twitter: https://twitter.com/tokenfi
contact
Community Relations Officer
Pedrovidal
Floki
Marketing@floki.com
Disclaimer: This is a paid press release published through ChainWire, a PR newswire syndication platform for blockchain companies.
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