The FLOKI cryptocurrency, known for its Viking dog theme, has reached an impressive milestone in the world of decentralized finance (DeFi).
In less than three weeks since launching its staking program, FLOKI has recorded a lock of over $72 million in total value locked (TVL), representing approximately 20% of its total supply.
This achievement highlights the growing popularity and strong adoption that FLOKI has experienced since introducing its staking platform.
🎉 @RealFlokiInu $FLOKI Staking Surpasses $72 Million in TVL, Worth 20% of FLOKI's Supply 🐶🚀
FLOKI reaches remarkable milestone in less than 3 weeks since launching #Floki's staking program 🔥
Let's keep building for mass adoption #FLOKI #TokenFi 💪📈 pic.twitter.com/dBAeMT9CjB
— BSCDaily (@bsc_daily) November 14, 2023
The Crypto Community has Responded Enthusiastically to This Opportunity to Participate in FLOKI Staking
Both the TokenFi platform and the renowned Binance exchange house, have been fundamental pillars in this success.
TokenFi, a decentralized finance platform, has managed to lock more than 2 billion FLOKI tokens, valued at approximately $72 million.
It offers returns of up to a staggering 101.8% APY on its staking platform, a figure that has captivated many investors.
On the other hand, Binance, one of the largest and most recognized cryptocurrency exchange platforms worldwide, has introduced staking plans for FLOKI on its Binance Smart Chain (BSC).
These plans offer investors APY options ranging from 27.9% to 35.9%, although the first two plans are already sold out due to high demand.
This achievement not only highlights the massive interest in the coin, but also the growth and diversification of investment opportunities in the cryptocurrency space.
In addition to staking, FLOKI is exploring other projects, including accessing the real-world asset market and developing programs like FlokiFi and a metaverse game called Valhalla.
In an increasingly competitive market, FLOKI has managed to stand out, recording an increase of 16.5% in the last 7 Days and an incredible 85% in the last month according CoinMarketCap data.
Despite these achievements, FLOKI’s market value is still below more established competitors such as Shiba Inu and Dogecoin, but its rapid growth suggests considerable potential for the future in the world of cryptocurrencies.
