The Floki Inu community has achieved a significant milestone as the Floki DAO has unanimously approved a proposal to provide liquidity for the creation of a Floki Exchange Traded Product (ETP). This is the first time in the DAO's history that a proposal has passed without any opposition. A portion of the FLOKI tokens held in the community buyback wallet will be used for liquidity provision, while the rest will be burned. The launch of the Floki ETP, set for the first quarter of 2025, will make it the second memecoin ETP on a regulated stock exchange, following Dogecoin ETP. This development is seen as a crucial step for Floki in promoting adoption and solidifying its position in the cryptocurrency market. The approval of the proposal highlights the growing recognition of Floki in traditional finance.



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