How does the penalty fee in #Floki's staking program make $FLOKI deflationary. In the last 24 hours alone, ~3.
08 Jan 2024, 16:32
How does the penalty fee in #Floki's staking program make $FLOKI deflationary?
In the last 24 hours alone, ~3.8 billion FLOKI tokens, currently worth over $110,000, have been burned, primarily due to users unstaking their FLOKI.
To discourage premature unstaking, Floki's…