the launch of a crypto and tokenization platform TokenFi in a bid to capitalize on the rapidly growing tokenization industry. In a long post on X, Floki outlined the tokenomics and strategy behind what it claimed would become the “foremost” tokenization platform in the world.Notably, TokenFi will have a total of 10 billion native tokens, labeled as TOKEN.
To eliminate the impact of sniper bots, Floki announced safeguards for the first hour of the launch. Most notable among these was the 1% cap, effectively preventing users from buying more than 100 million tokens. To provide an extra layer of security, a flat 20% buy/sell tax would be imposed in the first hour.