Cherry Swap to Collaborate with Floki on the FlokiFi Locker Protocol
Leading OKX Chain DEX Cherry Swap will be collaborating with Floki’s newly-released, innovative crypto locker solution FlokiFi Locker and recommending that projects that list on its DEX use it to secure their Liquidity Pool (LP) tokens.
CherrySwap is the no. 1 Decentralized Exchange (DEX) on the OKX Chain, currently boasting a TVL of over $5 million. At the peak of the bull market, Cherry Swap had an impressive TVL of $770 million.
Being the leading DEX of the OKX Chain also positions Cherry Swap nicely to have the majority of projects building on the OKX Chain listing on their DEX as the chain grows.
Cherry Swap x FlokiFi Locker
With this partnership, Cherry Swap will be adopting the FlokiFi Locker as its preferred protocol for locking LP tokens of projects that list on its DEX.
This collaboration symbolizes a coming together of two major forces towards the mutual growth of each other’s platform.
FlokiFi Locker is an innovative cross-chain digital asset locker protocol that is available on multiple chains that include the OKX Chain while Cherry Swap is the main DEX of the OKX Chain, so this relationship is mutually beneficial to both parties while also helping to accelerate development on the OKX Chain.
About Cherry Swap
CherrySwap is no. 1 DEX and Automatic Market Making protocol based on the OKX Chain. It adopts the mechanism of Automatic Market Maker (AMM) and aims to achieve self-driven liquidity creation with diversified functions such as liquidity mining, IFO, NFT, lottery and DAO, so as to provide participants with the maximum value bonus. Cherry Swap had a peak TVL of $770 million during the bull market and continues to innovate and contribute towards the growth of the OKX Chain during the bear market.
About Floki & FlokiFi Locker
FlokiFi Locker is a secure and innovative crypto locker solution that allows crypto project developers and individuals to quickly and securely lock Liquidity Pool (LP) tokens, NFTs, and fungible tokens. It is the only locker protocol to integrate the ERC-1155 standard.
FlokiFi Locker is one of Floki’s key utility products that is powered by the FLOKI token and backed by the strong Floki brand as well as several leading industry brands.
Floki is the people’s cryptocurrency and one of the most recognizable crypto brands, with an active partnership with a leading Formula 1 team and partnerships with 8 international football brands. These partnerships have exposed the Floki brand to a mainstream audience of billions of people.