FLOKI TOKENOMICS AND BRIDGE

Tokenomics

FLOKI is a deflationary token that rewards users for holding. FLOKI has an 8% redistribution tax for all buys and sells. The redistribution tax is split equally between the marketing wallet and FLOKI holders: 4% goes to the marketing wallet and 4% goes to holders. The redistribution tax provides Floki Inu with a marketing wallet to fund Floki Inu marketing campaigns. The marketing wallet is a multi-signature wallet meaning top security for the project, and can be followed by Floki Inu community with transparency. The redistribution tax means that FLOKI holders are rewarded for holding Floki. The longer users hold FLOKI, the more their FLOKI bag increases in size. These redistributions to holders also go to the FLOKI burn wallet, which brings deflation over time as FLOKI is traded.

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Ethereum to Binance smart chain bridge

Something very exciting for Floki Inu is the ability to easily bridge your ETH Floki tokens to BSC Floki tokens. A big shout out to developer Moontography for making this possible. A guide to bridging can be found here.

UPDATE: as of today 27/10/2021 there is a new implementation of a lower transaction tax for faster adoption and growth of FLOKI. Please read the article here