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Data Center News > Blog > Investments > TokenFi Removes TOKEN Buy/Sell Tax After Unanimous DAO Vote
Investments

TokenFi Removes TOKEN Buy/Sell Tax After Unanimous DAO Vote

Last updated: March 27, 2025 10:32 pm
Published March 27, 2025
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TokenFi Removes TOKEN Buy/Sell Tax After Unanimous DAO Vote
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Miami, Florida, March twenty seventh, 2025, Chainwire

TokenFi has formally eradicated the 0.3% purchase/promote tax on its native token, TOKEN, following a unanimous vote from the Floki DAO.

“The Floki DAO proposal to take away the 0.3% purchase/promote tax on $TOKEN acquired 100% help from the group,” the mission crew introduced. “According to the choice of the Floki DAO, the purchase/promote transaction tax on $TOKEN has been eliminated.”

The vote indicators a transparent consensus inside the Floki and TokenFi communities that reducing friction in buying and selling is important to rising accessibility and unlocking broader utility for the token.

The tax elimination is already stay throughout each Ethereum and BNB Chain networks. 

The unique proposal, printed by way of Snapshot, acquired full backing, making this one of many uncommon DAO votes with absolute alignment.

With the purchase/promote tax now set to 0%, TokenFi goals to drive additional adoption by decreasing limitations for each new and present holders. The transfer might additionally assist increase TOKEN’s liquidity throughout decentralized exchanges and enhance market effectivity.

TokenFi, which is related to the Floki ecosystem, is working to place TOKEN as a utility and governance asset throughout DeFi platforms. Eradicating transaction friction is one in every of a number of steps being taken to increase the token’s real-world use instances and buying and selling enchantment.

The change is efficient instantly.

TokenFi is a no-code, all-in-one tokenization platform that enables customers to create tokens and can permit customers tokenize real-world property (RWAs) in only a few clicks utilizing a WYSIWYG interface — no coding required. Positioned to faucet into the $16 trillion tokenization trade by 2030, TokenFi goals to simplify and speed up the method of bringing property on-chain.

See also  Bluespine Raises $7.2M in Seed Funding

Backed by the Floki ecosystem, TokenFi is ruled by the Floki DAO and led by the identical core crew behind the globally acknowledged Floki token. The platform features a suite of instruments like TokenFi Launchpad, AI Sensible Contract Auditor, RWA Module, and extra — all powered by its utility token, TOKEN.

About Floki

Floki is the folks’s cryptocurrency and utility token of the Floki Ecosystem. Floki goals to turn into the world’s most identified and most used cryptocurrency and intends to attain this bold purpose via a deal with utility, philanthropy, group, and advertising. Floki presently has 530,000+ holders and a powerful model acknowledged by billions of individuals worldwide on account of its strategic advertising partnerships.

Web site: https://floki.com

Twitter: https://x.com/RealFlokiInu

About TokenFi

TokenFi is an progressive platform for crypto and asset tokenization, enabling customers to launch or tokenize property effortlessly. TokenFi is dedicated to revolutionizing the trillion-dollar tokenization trade by providing a user-friendly interface that requires no coding experience.

Web site: https://tokenfi.com

Twitter: https://twitter.com/tokenfi

Contact

Neighborhood Relations Officer
Pedro Vidal
Floki
[email protected]



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TAGGED: BuySell, DAO, removes, Tax, Token, TokenFi, Unanimous, vote
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