Read this article on bsc.news Floki started as a memecoin, but its team has since built a set of working products around the FLOKI token. The main ones are FlokiFi Locker, a tool for locking
Floki started as a memecoin, but its team has since built a set of working products around the FLOKI token. The main ones are FlokiFi Locker, a tool for locking tokens and liquidity; a Telegram trading bot; Valhalla, a blockchain game; a staking program; and TokenFi, a sister platform for creating tokens and tokenizing assets.
Several of these products route part of their fees into buying back and burning FLOKI, which ties the token’s supply to how much they are used.
FLOKI runs on both Ethereum and BNB Chain. It charges a 0.3% tax on decentralized exchange trades, which funds a treasury controlled by the Floki DAO. The tax was cut from 3% by a community vote in 2023.
A burn permanently removes tokens from circulation by sending them to an address no one can access. Floki uses buy-and-burn, where product revenue buys FLOKI on the market and then burns it.
FlokiFi Locker is Floki’s oldest revenue product. It lets projects lock assets in a smart contract for a set time, so they cannot be moved early. The Locker handles liquidity pool (LP) tokens, fungible tokens, NFTs and ERC-1155 tokens, and it supports vesting schedules.
LP tokens represent a share of a trading pool on a decentralized exchange. If a team can withdraw them at any time, it can drain the pool, a scam known as a rug pull. Locking LP tokens shows buyers the team cannot do this. Projects also use vesting to release team tokens on a fixed schedule.
Fees And UsageFlokiFi lists these fees:
25% of Locker fees go to buying back and burning FLOKI, and the other 75% goes to the treasury.
As of October 18, 2026, FlokiFi Locker held $12.18 million in total value locked (TVL) across 15 chains, with BNB Chain making up 85.6%. It ranks fifth by TVL among token lockers tracked by DefiLlama.
The Locker is one of several products that use or reward FLOKI.
The Floki Trading Bot runs inside Telegram and lets users trade tokens on Ethereum, BNB Chain and Base from a chat window. It charges a 1% fee on each trade. Half of the fee buys and burns FLOKI, and the other half goes to the treasury.
Valhalla is a browser-based game that reached mainnet on June 30, 2025, on opBNB, a Layer-2 network built on BNB Chain. Players battle NFT creatures called Veras on hexagonal maps, and FLOKI serves as the in-game currency for rewards and purchases.
Floki’s staking program pays rewards in TokenFi’s TOKEN rather than in newly created FLOKI. This connects the two tokens and avoids adding new FLOKI to circulation through staking.
TokenFi is Floki’s sister platform for creating tokens and tokenizing assets. Its TOKEN coin launched in October 2023 with a total supply of 10 billion, split evenly between BNB Chain and Ethereum. The Floki DAO governs TokenFi, and in March 2025 it voted to remove TOKEN’s 0.3% trading tax.
TokenFi offers no-code tools, meaning users do not need to write smart contract code:
Real-world asset (RWA) tokenization means representing an off-chain asset, such as property or company shares, as a blockchain token.
TokenFi’s launchpad hosted the token launch for Rice Robotics, whose RICE token supports a marketplace for robotics data. FLOKI and TOKEN stakers are receiving 140 million RICE over eight rounds. Round five sent out 20 million RICE on October 10, bringing the total distributed to 90 million.
Floki now runs FlokiFi Locker, which held $12.18 million across 15 chains, along with a Telegram trading bot on three chains, the Valhalla game on opBNB, and a staking program that pays in TOKEN. Its sister platform TokenFi provides no-code token creation and RWA tools. Fees from the Locker and the trading bot fund FLOKI buybacks and burns.
