Floki DAO voted to approve the proposal to "provide liquidity for Floki ETP."

ChainCatcher news, the Floki DAO vote has passed the proposal to "provide liquidity for Floki ETP."

For the first time in FLOKI DAO proposal history, it passed with unanimous support and zero opposition votes, deciding to use a portion of the 16,310,285,772.6 FLOKI tokens in the "community buyback wallet" to provide liquidity for FLOKI ETP, while the remaining portion will be burned.

The creation of FLOKI ETP is driven by asset management companies and ETP issuers, and it is expected to launch in the first quarter of 2025.