In a long-awaited update, the team behind the cryptocurrency project Floki (FLOKI) has shared significant progress on its 2023 roadmap. With several key promises nearing completion, Floki enthusiasts can look forward to an array of new features and functionalities.
FlokiFi Locker Major Upgrade:
The highly anticipated major upgrade of FlokiFi Locker is expected to revolutionize the protocol’s adoption. Featuring native payments, a referral program, burn functionality, lock extension, and support for V3 Positions LPs, this upgrade aims to accelerate the platform’s growth. The code for the upgrade has been submitted to the renowned industry auditor Certik for review, and once approved, it will go live on the mainnet.
Major DeFi Lending and Borrowing Integration:
Floki is currently finalizing its integration with one of the largest lending protocols on the Binance Smart Chain. This integration will enable Floki holders to borrow stablecoins and other cryptocurrencies using their FLOKI tokens as collateral. By reducing sell pressure, this integration is set to provide users with increased liquidity optionsIt is expected that the launch will take place next week.
Staking:
Floki’s staking program has been tested extensively on the testnet To ensure a seamless user experience. With a unique approach to staking, Floki aims to make it highly rewarding for token holders. The staking program is currently the highest priority item for the team, and they are working diligently to launch it soon after completing the internal checks.
FlokiFi Redesign:
A sleek and user-friendly redesign of the FlokiFi platform is in its final stages. The updated design will enhance the user experience, making FlokiFi Locker one of the most user-friendly locker protocols in the industry. The redesign will be implemented once the final checks are completed.
Project TL:
Project TL, a protocol designed to facilitate the launch of crypto ventures, is nearing completion. This protocol is anticipated to attract tens of thousands, if not millions, of users to accelerate the mainstream adoption of cryptocurrencies. It will also incorporate a buy/burn mechanism to enhance the deflationary nature of the FLOKI token. The protocol is currently undergoing rigorous testing and will be launched on the mainnet after the development team approves.
Additionally, Floki’s flagship utility product, Valhalla, is set to go live on the mainnet this year. Featuring an open-world environment, in-game economy, and integration of the FLOKI token, Valhalla aims to capitalize on the growing interest in gaming and cryptocurrencies, particularly in China.
With these developments, the FLOKI token will experience increased demand and utility within the Floki ecosystem. While the mentioned highlights represent significant progress, Floki has a comprehensive roadmap that includes various other milestones and objectives to be achieved throughout the year.
The complete Floki roadmap, detailing upcoming phases and partnerships, can be found on the project’s official website. As Floki continues to deliver on its promises, the project aims to establish itself as a prominent player in the cryptocurrency and blockchain industry.
