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Floki Inu Developers Float DAO Proposal to Burn $55M of Its Own Tokens

The proposal is part of a broader move towards positioning Floki Inu as a serious DeFi project, developers told CoinDesk.

By Shaurya Malwa
Updated Mar 10, 2023, 3:48 p.m. Published Jan 27, 2023, 9:24 a.m.
Floki Inu is proposing to burn $55 million of its tokens. (Thorsten/Pixabay)
Floki Inu is proposing to burn $55 million of its tokens. (Thorsten/Pixabay)