Cryptomane
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Why does $BTC remain constant and other #altcoins are suffering, even recording -10% in the last 24 hours?
Simple, as we can see the dominance of $BTC is increasing more and more especially in these days before the approval of the $BTC ETF.
Most of the liquidity flows into BTC away from Altcoins.
We will see something interesting after the approval of the #ETF
#BTC #Crypto #ETH
Simple, as we can see the dominance of $BTC is increasing more and more especially in these days before the approval of the $BTC ETF.
Most of the liquidity flows into BTC away from Altcoins.
We will see something interesting after the approval of the #ETF
#BTC #Crypto #ETH
While $FLOKI / $TOKEN does not perform any contractual burn, supply is perpetually deflationary due to the following burn mechanisms:
ā DeFi platform FlokiFi uses 25% of the $ETH and $BNB chains' service fees to automatically buy back and burn $FLOKI tokens.
NOTE: This mechanism will also be implemented in future TokenFi utility products that will buy back and burn @tokenfi tokens ( $TOKEN ).
ā 1% of Floki prepaid debit card reload fees go towards purchasing and burning $FLOKI tokens
ā Tokens are burned as a penalty when $FLOKI / $TOKEN holders unlock early, the penalty varies based on the following staking periods:
3 months = 5%
12 months = 10%
24 months = 15%
48 months = 20%
#Floki #Token #TokenFi #Crypto #RWA
ā DeFi platform FlokiFi uses 25% of the $ETH and $BNB chains' service fees to automatically buy back and burn $FLOKI tokens.
NOTE: This mechanism will also be implemented in future TokenFi utility products that will buy back and burn @tokenfi tokens ( $TOKEN ).
ā 1% of Floki prepaid debit card reload fees go towards purchasing and burning $FLOKI tokens
ā Tokens are burned as a penalty when $FLOKI / $TOKEN holders unlock early, the penalty varies based on the following staking periods:
3 months = 5%
12 months = 10%
24 months = 15%
48 months = 20%
#Floki #Token #TokenFi #Crypto #RWA
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