TokenFi Removes TOKEN Buy/Sell Tax After Unanimous DAO Vote

TokenFi has officially eliminated the 0.3% buy/sell tax on its native token, TOKEN, following a unanimous vote from the Floki DAO.

TokenFi, the no-code tokenization platform powered by the Floki ecosystem, has removed the 0.3% buy/sell tax on its native token, TOKEN, following a unanimous vote from the Floki DAO.

The proposal, which was open for voting on Snapshot, received full backing from the DAO members. The buy/sell tax is now set to 0% on both Ethereum and BNB Chain.

The move, which comes in response to feedback from the community, aims to lower friction in trading and increase accessibility to the token.

“The Floki DAO proposal to remove the 0.3% buy/sell tax on $TOKEN has received 100% support from the community. In line with the decision of the Floki DAO, the buy/sell transaction tax on $TOKEN has been removed,” the project team announced.

TokenFi is working to position TOKEN as a utility and governance asset across DeFi platforms. The platform is also developing RWA modules that will enable users to tokenize real-world assets like stocks, commodities, and real estate.

The change is effective immediately.

TokenFi is an all-in-one tokenization platform where users can create tokens and will be able to tokenize real-world assets (RWAs) in just a few clicks using a WYSIWYG interface — no coding required. Positioned to tap into the $16 trillion tokenization industry by 2030, TokenFi aims to simplify and accelerate the process of bringing assets on-chain.

Backed by the Floki ecosystem, TokenFi is governed by the Floki DAO and led by the same core team behind the globally recognized Floki token. The platform includes a suite of tools like TokenFi Launchpad, AI Smart Contract Auditor, RWA Module, and more — all powered by its utility token, TOKEN.

About Floki

Floki is the people’s cryptocurrency and utility token of the Floki Ecosystem. Floki aims to become the world’s most known and most used cryptocurrency and intends to achieve this ambitious goal through a focus on utility, philanthropy, community, and marketing. Floki currently has 530,000+ holders and a strong brand recognized by billions of people worldwide due to its strategic marketing partnerships.

Website: https://floki.com

Twitter: https://x.com/RealFlokiInu

About TokenFi

TokenFi is an innovative platform for crypto and asset tokenization, enabling users to launch or tokenize assets effortlessly. TokenFi is committed to revolutionizing the trillion-dollar tokenization industry by offering a user-friendly interface that requires no coding expertise.

Website: https://tokenfi.com

Twitter: https://twitter.com/tokenfi