Floki Developers Propose Staking and Utility Token Plans
The move could help amp up investor interest in FLOKI tokens, which form part of the Floki DAO ecosystem.
The move could help amp up investor interest in FLOKI tokens, which form part of the Floki DAO ecosystem.
The token fell as much as 9% on Tuesday after a report questioned if SUI supply is being manipulated through staking.
The staking service for SOL tokens will be discontinued over the coming months, developers said.
BIGTIME debuted on select exchanges, including OKX and Coinbase, last Wednesday.
One bull said bitcoin is “more valuable than gold” and will become a $15 trillion asset.
The Ethereum network’s revenue from fees dropped to its lowest level since April 2020 as speculative activity disappeared and users migrated to layer 2s, IntoTheBlock said.
Some 198 million FLR will be burned immediately with a further 66 million set to be burned monthly until January 2026.
Ether showed signs of stability after a nearly weeklong decline.
The 20 million WOO tokens repurchased from 3AC have been sent to a burn address.
London-based asset manager Fasanara Capital led the investment round and has opened two private tokenized credit pools on the platform.