“Users will be able to earn the reward token by locking up their FLOKI tokens for a period of between 3 months to 4 years,” B said in the DAO proposal shared with CoinDesk. “We envision this resulting in a significant portion of FLOKI tokens being locked up for an extended period of time, which will significantly reduce the amount of FLOKI tokens in circulation and add significant value to the FLOKI token.”
Source: https://www.coindesk.com/tech/2023/10/18/floki-developers-propose-staking-and-utility-token-plans/?utm_medium=referral&utm_source=rss&utm_campaign=headlines