Community Votes to Incinerate $2.87 Million Worth of FLOKI

IconCNT16 May, 2024

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Community Votes to Incinerate $2.87 Million Worth of FLOKI

Floki's (FLOKI) community has approved a governance proposal to incinerate 15.246 billion FLOKI, valued at $2.87 million, per a snapshot. The community voted overwhelmingly in favor of the burn, with 99.84% of the votes cast in support. The move reflects the growing trend toward token burning within the cryptocurrency community. Previously on [date], the meme coin project Floki's (FLOKI) community voted to approve a governance proposal to burn 15.246 billion FLOKI ($2.87 million). 99.84% of the votes were in favor.