FLOKI (FLOKI) Tokenomics
FLOKI (FLOKI) Tokenomics & Price Analysis
Explore key tokenomics and price data for FLOKI (FLOKI), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
FLOKI (FLOKI) Information
Meme coin with utility via an NFT gaming metaverse, an NFT and merchandise marketplace, and a crypto education platform. Inspired by the name of Elon Musk’s dog and partnered with his brother Kimbal Musk. FLOKI’s goal is to be a top 10 crypto project and the de-facto leader in the NFT gaming sector.
In-Depth Token Structure of FLOKI (FLOKI)
Dive deeper into how FLOKI tokens are issued, allocated, and unlocked. This section highlights key aspects of the token's economic structure: utility, incentives, and vesting.
The FLOKI token serves as the primary utility asset within the Floki ecosystem, operating as a multi-chain token on both the Ethereum (ERC-20) and BNB Smart Chain (BEP-20) networks. Its economic model is designed to be perpetually deflationary through various buyback and burn mechanisms while providing utility across decentralized finance (DeFi), gaming, and educational platforms.
Issuance and Supply Mechanism
FLOKI was launched on June 25, 2021, following a tweet by Elon Musk. The token has a fixed total supply, and its issuance is characterized by a community-centric approach with no ongoing inflationary minting.
| Metric | Ethereum (ETH) | BNB Smart Chain (BSC) | Total |
|---|---|---|---|
| Total Supply | 10,000,000,000,000 | 10,000,000,000,000 | 20,000,000,000,000 |
| Burned Supply | 4,288,000,000,000 | 5,769,000,000,000 | 10,057,000,000,000 |
| Circulating Supply | 5,034,000,000,000 | 4,231,000,000,000 | 9,265,000,000,000 |
Note: Approximately 0.678 trillion tokens on Ethereum are considered out of circulation.
Allocation and Unlocking Mechanism
The initial allocation of FLOKI was heavily weighted toward the community. Data indicates that 100% of the community allocation was vested at the Token Generation Event (TGE) on June 21, 2021, as a cliff unlock.
| Recipient | Description | Unlock Date | Amount (Native) | Unlock Type |
|---|---|---|---|---|
| Community | 100% vested at TGE | 2021-06-21 | 10,000,000,000 | Cliff |
Usage and Incentive Mechanisms
FLOKI functions as a medium of exchange and a governance token within its ecosystem. Its primary utilities include:
- Medium of Exchange: Used to purchase prepaid gift cards via Floki Card and intended for use in the Valhalla NFT Metaverse to buy in-game items.
- Transaction Fees: A 0.3% tax is charged on every buy and sell transaction on decentralized exchanges (DEXs). These funds are directed to the Floki treasury for ecosystem development and marketing.
- Governance: Tokenholders can participate in the Floki DAO by voting on Snapshot proposals regarding ecosystem offerings and treasury allocations.
- Educational Utility: FLOKI is the main utility token for the University of Floki, where it is required to access certain premium functions.
- Deflationary Mechanisms: The token supply is reduced through several automatic buyback and burn protocols:
- FlokiFi Locker: 25% of service fees are used to buy back and burn FLOKI.
- Floki Card: 1% of top-up fees are dedicated to burning FLOKI.
- Early Unstaking: Penalties for early withdrawal from staking are automatically burned.
Locking and Staking Mechanism
Floki features a robust staking program that incentivizes long-term holding by rewarding users with "TOKEN," the utility token of the TokenFi platform. As of late 2023 and early 2024, over 25% of the total FLOKI supply has been locked in this program.
Staking Durations and Rewards
Users can choose between four staking periods. Longer durations provide higher Annual Percentage Yields (APY) and higher reward multipliers.
| Duration | Penalty for Early Unstaking | Estimated APY (ETH) | Estimated APY (BSC) |
|---|---|---|---|
| 3 Months | 5% | ~11.32% | ~11.86% |
| 12 Months | 10% | ~18.12% | ~18.97% |
| 24 Months | 15% | ~27.18% | ~28.45% |
| 48 Months | 20% | ~36.23% | ~37.94% |
Liquidity Locking
In addition to user staking, the project has locked its own liquidity on both the Ethereum and BNB Smart Chain networks for a duration of 265 years to ensure long-term protocol stability.
FLOKI (FLOKI) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of FLOKI (FLOKI) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of FLOKI tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many FLOKI tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand FLOKI's tokenomics, explore FLOKI token's live price!
How to Buy FLOKI
Interested in adding FLOKI (FLOKI) to your portfolio? MEXC supports various methods to buy FLOKI, including credit cards, bank transfers, and peer-to-peer trading. Whether you're a beginner or pro, MEXC makes crypto buying easy and secure.
FLOKI (FLOKI) Price History
Analyzing the price history of FLOKI helps users understand past market movements, key support/resistance levels, and volatility patterns. Whether you are tracking all-time highs or identifying trends, historical data is a crucial part of price prediction and technical analysis.
FLOKI Price Prediction
Want to know where FLOKI might be heading? Our FLOKI price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
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Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.
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