Miami, Florida, March 27th, 2025/Chainwire/--TokenFoi has officially eliminated the 0.3% buy/sell tax on its native token, TOKEN, following a unanimous vote from the Floki DAO. Floki Floki “The Floki DAO proposal to remove the 0.3% buy/sell tax on $TOKEN received 100% support from the community,” the project team announced. “In line with the decision of the Floki DAO, the buy/sell transaction tax on $TOKEN has been removed.” “The Floki DAO proposal to remove the 0.3% buy/sell tax on $TOKEN received 100% support from the community,” the project team announced. “In line with the decision of the Floki DAO, the buy/sell transaction tax on $TOKEN has been removed.” The vote signals a clear consensus within the Floki and TokenFi communities that lowering friction in trading is essential to increasing accessibility and unlocking broader utility for the token. The tax removal is already live across both Ethereum and BNB Chain networks. The original proposal, published via Snapshot, received full backing, making this one of the rare DAO votes with absolute alignment. Snapshot Snapshot With the buy/sell tax now set to 0%, TokenFi aims to drive further adoption by reducing barriers for both new and existing holders. The move could also help boost TOKEN's liquidity across decentralized exchanges and improve market efficiency. TokenFi, which is connected to the Floki ecosystem, is working to position TOKEN as a utility and governance asset across DeFi platforms. Removing transaction friction is one of several steps being taken to expand the token’s real-world use cases and trading appeal. The change is effective immediately. TokenFi is a no-code, all-in-one tokenization platform that allows users to create tokens and will allow users tokenize real-world assets (RWAs) in just a few clicks using a WYSIWYG interface — no coding required. Positioned to tap into the $16 trillion tokenization industry by 2030, TokenFi aims to simplify and accelerate the process of bringing assets on-chain. Backed by the Floki ecosystem, TokenFi is governed by the Floki DAO and led by the same core team behind the globally recognized Floki token. The platform includes a suite of tools like TokenFi Launchpad, AI Smart Contract Auditor, RWA Module, and more — all powered by its utility token, TOKEN. About Floki Floki is the people’s cryptocurrency and utility token of the Floki Ecosystem. Floki aims to become the world’s most known and most used cryptocurrency and intends to achieve this ambitious goal through a focus on utility, philanthropy, community, and marketing. Floki currently has 530,000+ holders and a strong brand recognized by billions of people worldwide due to its strategic marketing partnerships. Floki Floki Website: https://floki.com https://floki.com https://floki.com Twitter: https://x.com/RealFlokiInu https://x.com/RealFlokiInu https://x.com/RealFlokiInu About TokenFi TokenFi is an innovative platform for crypto and asset tokenization, enabling users to launch or tokenize assets effortlessly. TokenFi is committed to revolutionizing the trillion-dollar tokenization industry by offering a user-friendly interface that requires no coding expertise. TokenFi TokenFi Website: https://tokenfi.com https://tokenfi.com https://tokenfi.com Twitter: https://twitter.com/tokenfi https://twitter.com/tokenfi https://twitter.com/tokenfi Contact Community Relations Officer Pedro Vidal Floki marketing@floki.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here here here

This is a PR written by or for the company mentioned within it. The writer has a vested interest in the company and products mentioned within.

TokenFi Removes TOKEN Buy/Sell Tax After Unanimous DAO Vote

About Author

Comments

TOPICS

THIS ARTICLE WAS FEATURED IN

Related Stories

Untitled Story

Barunson, Studio Behind Parasite, to Launch nPLUG IP Remixing Platform On Story

108 Stories To Learn About Blockchain Adoption

10 Tools for Blockchain Development

133 Stories To Learn About Solidity

287 Stories To Learn About Blockchain Development

Barunson, Studio Behind Parasite, to Launch nPLUG IP Remixing Platform On Story

108 Stories To Learn About Blockchain Adoption

10 Tools for Blockchain Development

133 Stories To Learn About Solidity

287 Stories To Learn About Blockchain Development

Light-Mode

Classic

Newspaper

Dark-Mode

Neon Noir

Minty

HN StartUps