Floki (FLOKI)

Tokenomics & Utility

Supply, fees, and burns

Floki’s documentation describes an original allocation of 10 trillion FLOKI on Ethereum and a further 10 trillion on BNB Smart Chain. Tokens have since been sent to burn addresses, removing them from usable supply. Because FLOKI exists on two networks, a supply figure should be understood in the context of both versions and the tokens removed from use on each. (docs.floki.com)

The project funds part of its work through a 0.3% fee on on-chain buys and sells on Ethereum and BNB Smart Chain. Its documentation says ordinary wallet-to-wallet transfers do not incur that FLOKI fee. Network transaction fees are separate: they are paid to the blockchain processing the transaction, rather than serving as Floki’s project fee. (docs.floki.com)

Floki also links some product activity to token burns. Its documentation says FlokiFi Locker uses a portion of its service fees to buy and burn FLOKI. The trading bot has a separate fee arrangement that assigns part of its fees to FLOKI buybacks and burns. In each case, the mechanism depends on use of the relevant product. (docs.floki.com)

The staking program gives holders another role. Participants lock FLOKI for a chosen period and receive TokenFi’s TOKEN, a separate digital asset, as a reward. The stated lock periods range from three to 48 months; the program’s terms apply a FLOKI burn penalty when tokens are withdrawn before the selected period ends. FLOKI and TOKEN have different jobs even though their projects are closely connected. (docs.floki.com)