FLOKI3LPrice

(FLOKI3L)

FLOKI3L is a leveraged token engineered to multiply the daily price changes of FLOKI by three. This means if FLOKI gains 1%, FLOKI3L aims for a 3% increase. Conversely, a 1% drop in FLOKI would lead to a 3% decrease in FLOKI3L. Due to dynamic rebalancing and inherent investment costs, these tokens can experience net value erosion during periods of market volatility. Consequently, FLOKI3L is generally considered unsuitable for long-term investment strategies given its heightened risk and susceptibility to daily market fluctuations.

FLOKI serves as the core utility token for the Floki ecosystem. Initially launched as a meme coin, it has significantly evolved to encompass a comprehensive project. This ecosystem now integrates various components including decentralized finance (DeFi) applications, non-fungible tokens (NFTs), and engaging blockchain-based gaming experiences. FLOKI is central to accessing and participating in these diverse offerings, driving value and utility across its expanding digital universe.

The FLOKI token is essential to a range of products within its ecosystem. Key utilities include powering the Valhalla metaverse, an immersive blockchain game. It's also used for FlokiFi Locker, a service for locking and vesting digital assets. Furthermore, FLOKI facilitates a Telegram-based trading bot, offers staking mechanisms for community participation, and underpins the University of Floki, a dedicated platform for crypto education. These diverse applications enhance the token's functional value.

FLOKI has a fixed total supply of 10 trillion tokens, all of which were minted at launch, ensuring no further tokens can be created. A 0.3% tax is applied to all buy and sell transactions executed on decentralized exchanges; this revenue is strategically allocated to fund ongoing development and marketing initiatives. The project also incorporates several deflationary mechanisms, such as token buy-backs and burns fueled by fees generated from the FlokiFi Locker, alongside penalties for early withdrawals from staking pools, collectively promoting scarcity.

FLOKI operates across two prominent blockchain networks to maximize accessibility and utility. It exists as an ERC-20 token on the Ethereum blockchain and as a BEP-20 token on the Binance Smart Chain. To ensure seamless movement and interchangeability for users, a secure 1:1 bridge has been established. This bridge allows token holders to transfer their FLOKI assets freely and efficiently between the Ethereum and Binance Smart Chain networks without altering the token's value or quantity.

Yes, FLOKI's liquidity is indeed locked, providing a significant layer of security and stability for its ecosystem. The project has committed to a long-term lock-up period, specifically for 265 years. This substantial duration applies to its liquidity pools on both the Ethereum blockchain and the Binance Smart Chain networks. This measure ensures that a significant portion of the token's trading pair cannot be removed from decentralized exchanges, fostering trust and mitigating potential risks for investors.