Unveiling FlokiFi: The Next Evolution in Decentralized Finance Solutions

What is FlokiFi?

What is Project L?

  • Lock NFTs. This includes an innovative “batch lock” feature that allows users to lock multiple NFTs in a single transaction.
  • Lock and vest tokens for an almost infinite period of time through the UI. Competitors tend to limit the period of time users are allowed to lock their tokens to a couple hundred years, which is why the Floki LP tokens were locked for just 265 years (the maximum period possible with the solution we used).
    The FlokiFi Locker lets users lock tokens for a practically infinite period of time; you can lock for 420 years (for the culture!) or for tens of thousands of years (or much longer!) just to make a statement that your LP tokens will be inaccessible for as long as humans can live.
  • FlokiFi Locker is the FIRST and ONLY token locker protocol to implement the ERC-1155 multi-token standard.
  • The ERC-1155 standard allows you to have different types of assets — both fungible (ERC-20) and non fungible (ERC-721) — with different quantities in a single contract. This is something that can be pretty game-changing for blockchain games and other protocols.
    This is innovation right here!
    We will be releasing a separate article soon talking about the possibilities with this feature and how innovative and game-changing it is.
  • Lock multiple assets in a single transaction: FlokiFi Locker makes it possible for users to lock multiple different assets/asset types in a single transaction. It is also currently the first and only locker protocol that can do this.
  • The FlokiFi Locker supports more EVM compatible blockchains than other locker solutions in the market right now. This includes major blockchains like ETH, BSC, Polygon, Fantom, KCC, OKXChain, and lots more.

FlokiFi Locker Tokenomics and Transaction Fees

  • Fixed fee to lock a token: 50 USDT per transaction.
  • Fixed fee to lock an NFT: 100 USDT per transaction.
  • Fixed fee to lock a multi-token (ERC-1155): 100 USDT per transaction.
  • Fixed fee to vest a token or multi-token: 100 USDT per transaction.
  • Fixed fee to lock/vest LP tokens: 0.5% of LP value.

Just How Big is the FlokiFi Locker for Floki? (a look at some numbers)

  • Unicrypt boasts a TVL of $288 million+ from 14,000+ projects that have used their protocol.
  • Team Finance boasts a much bigger TVL of $2.2 billion for tokens and $112.3 million for liquidity. Their protocol has been used by 31,500+ projects.

Launching With a Bang: Key Industry Partnerships to be Announced

FlokiFi Locker is Only the Beginning…

  • There will be several other utility products introduced under the FlokiFi umbrella soon (we told you our plan is to underpromise and overdeliver with our roadmap!).
  • Products that launch under the FlokiFi umbrella will have a simple goal: make the FLOKI token more deflationary and replenish the Floki Treasury through utility-focused transactions to allow us to eventually remove the 3% FLOKI transaction tax and give us a competitive advantage in the industry.
  • Adoption for all products released under the FlokiFi umbrella will be massive due to a combination of Floki’s strong brand and marketing/growth mechanism we have in place.

How to Access the FlokiFi Locker

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FLOKI

FLOKI

FLOKI is the main utility token of the Floki Ecosystem. Learn more about FLOKI: https://floki.com