TokenFi

The developers of TokenFi, a sister project of the <a href="https://bitcoinist.com/floki-inu-sees-double-digit-gains/">meme coin FLOKI</a>, have put forward a proposal that could represent a major upgrade to the TokenFi launchpad. This proposal aims to prioritize $TOKEN stakers and holders within the ecosystem.&nbsp; 
<h2 id="floki-and-tokenfi-developers-propose-supercharge-program">Floki And TokenFi Developers Propose “Supercharge Program”</h2> 
This <a href="https://snapshot.org/#/floki-inu.eth/proposal/0x63da6d0875e8017bc10c10239f4de493ca84a4744ce7a40fc30a9dca96422df0" rel="nofollow noopener" target="_blank">proposal</a>, which aims to launch the “TokenFi Launchpad Supercharge Program,” will give $TOKEN stakers and holders a “priority within the <a href="https://bitcoinist.com/hong-kong-regulator-flags-floki-staking-products/">TokenFI launchpad</a>.” The launchpad is a decentralized platform that allows anyone to launch and raise funds for their tokens. As part of the ecosystem’s tradition, they usually put forward some of the best token launches to the <a href="https://www.newsbtc.com/news/floki-inu-floki-claps-back-counters-bitgets-claim-of-breaching-7-day-listing-deadline/" rel="nofollow noopener" target="_blank">TokenFi/Floki community</a>.&nbsp; 
However, they are looking to go one further with this proposal as they have now realized that some token sale events get sold out within minutes without the community actually benefitting from it. Therefore, <a href="https://bitcoinist.com/lunc-ustc-revival-proposal/">they propose</a>, through the “supercharge program,” that these <a href="https://www.newsbtc.com/news/ethereum/ethereum-staking-eth-price/" rel="nofollow noopener" target="_blank">$TOKEN stakers</a> should get a headstart in these token sale events.&nbsp; 
That means these stakers will have the opportunity to purchase these tokens even before the general public gets wind of it. However, there is a caveat as only those who have $1,000 worth of $TOKEN staked will be able to participate in the program. Meanwhile, those who have staked more $TOKEN and for a longer period will enjoy a larger share of the allocation from these token sales.&nbsp; 
<h2 id="token-holders-to-also-get-priority">$TOKEN Holders To Also Get Priority&nbsp;</h2> 
Furthermore, <a href="https://bitcoinist.com/lunc-recovery-impossible-terra/">the developers</a> have proposed that <a href="https://bitcoinist.com/over-90-of-bitcoin-holders-profit-46000-break-data/">$TOKEN holders</a> should also get a headstart over the general public in the event that the stakers do not purchase all the available token allocations within the set time. Similar to the stakers, holders will also need to hold $1,000 worth of $TOKEN to participate in this program.&nbsp; 
Those with a larger $TOKEN holding will also likely enjoy a greater chunk of the remaining allocation. However, the proposal noted that holders would generally get smaller allocations than stakers.&nbsp; 
If this proposal eventually passes, those who do not stake or hold $TOKEN might not be able to participate in hyped token launches on the launchpad. This is because stakers and holders are likely to buy all the available allocations for the token sale even before it gets to the general public.&nbsp; 
The TokenFi team added in the proposal that if the <a href="https://bitcoinist.com/ustc-lunc-1-terra-classic-proposal/">proposal passes</a>, the program will be executed as soon as possible. This will be done “ideally within a few days after its passage,” they claimed.&nbsp; 
At the time of wriitng, TOKEN is trading at around $0.1518, down over 6% in the last 24 hours according to <a href="https://coinmarketcap.com/currencies/tokenfi/" rel="nofollow noopener" target="_blank">data</a> from CoinMarketCap.&nbsp; 
<img loading="lazy" decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/99S7m7yb/" alt="FLOKI price chart from Tradingview.com (TokenFi)" width="3286" height="1530">

Floki And TokenFi Developers Propose Game-changing Upgrade – Here’s What It Does

Mục lục

Bitcoinist

Các bài viết khác được xuất bản trên 9 thg 4, 2024

Bitcoin Price Indicates a Rising Trend

MicroStrategy Share Price Target Raised By Benchmark On Bitcoin Halving, BTC ETFs

Ethereum Decreases More Than 3% Within 24 hours

Chainalysis Partners with Former IRS Criminal Investigator for Financial Crime

SEC Delays Decision on Bitcoin ETF Options, Spot Ethereum ETFs Remain in Limbo

Bitcoin Price Teeters as Market Data Indicate Looming Dip

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!