Miami, Florida, March 27th, 2025, Chainwire
TokenFi has officially axed the 0.3% trading tax on its TOKEN currency after receiving unanimous approval from the Floki DAO.
“The proposal to eliminate the 0.3% trading tax on $TOKEN garnered unanimous community support,” announced the project team. “Following the Floki DAO's decision, the buy/sell tax for $TOKEN has been abolished.”
The voting shows a united stance among the Floki and TokenFi members, emphasizing that reducing trade hurdles is vital for expanding access and maximizing TOKEN's applicability.
This tax removal is currently effective across both Ethereum and BNB Chain platforms.
The original proposal, published via Snapshot , received unanimous support, marking this as a rare instance of total agreement in a DAO vote.
With tax now down to 0%, TokenFi is focused on expanding its reach by making it easier for both new and existing users to trade. The initiative may also enhance TOKEN's market liquidity on decentralized exchanges and boost trading efficiency.
Working alongside the Floki network, TokenFi is strategizing to establish TOKEN as a core governance and utility token across DeFi platforms, removing transactional barriers as a crucial move to broaden the token’s practical applications and trading allure.
The update is now in full effect.
TokenFi serves as an all-in-one, no-code tokenization hub empowering users to create tokens and tokenize real-world assets (RWAs) using a simple WYSIWYG interface — all without needing any coding skills. Poised to delve into the $16 trillion tokenization sector by 2030, TokenFi seeks to streamline and fast-track the on-chain asset conversion process.
Supported by the Floki framework, TokenFi operates under the guidance of the Floki DAO and is directed by the same core team responsible for the globally acclaimed Floki token. The platform offers a variety of tools, such as the TokenFi Launchpad, AI Smart Contract Auditor, RWA Module, among others, all fueled by its native token, TOKEN.
About Floki
Floki is termed as the people's cryptocurrency and centerpiece utility token within the Floki Ecosystem. Floki aspires to become the world’s prominent cryptocurrency by emphasizing utility, philanthropy, community engagement, and strategic marketing. With over 530,000 holders, Floki has established a strong brand presence, recognized by millions worldwide through its well-crafted promotional efforts.
Website: https://floki.com
Twitter: https://x.com/RealFlokiInu
About TokenFi
TokenFi is a cutting-edge platform for digital currency and asset tokenization, enabling users to effortlessly initiate or tokenize assets. TokenFi intends to transform the billion-dollar tokenization industry by providing an intuitive interface that demands no coding knowledge.
Website: https://tokenfi.com
Twitter: https://twitter.com/tokenfi
Contact
Community Relations Officer
Pedro Vidal
Floki
[email protected]
Notice: This is a Press Release presented by a third-party entity responsible for its content. We strongly advise performing your own due diligence before acting based on this information.
