March 27, 2025 – Miami, Florida
TokenFi has officially eliminated the 0.3% buy/sell tax on its native token, TOKEN, following a unanimous vote from the Floki DAO.
The project team announced,
“The Floki DAO proposal to remove the 0.3% buy/sell tax on TOKEN received 100% support from the community.
“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.
With the buy/sell tax now set to zero percent, 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 RWAs (real-world assets) 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 ll 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 over 530,000 holders and a strong brand recognized by billions of people worldwide due to its strategic marketing partnerships.
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.
Contact
Pedro Vidal, community relations officer
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