Disclaimer: Information found on CryptoreNews is those of writers quoted. It does not represent the opinions of CryptoreNews on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoreNews covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
- The 2023 roadmap for FLOKI is approaching completion, with the forthcoming “FlokiFi Locker” upgrade set to implement native payment options.
- FLOKI holders can look forward to significant advancements, as the team is preparing to incorporate a major DeFi lending and borrowing protocol on the BNB chain.
- After the announcement regarding the roadmap’s progress, the FLOKI token has increased by 14% in the last 24 hours.
The official FLOKI account has shared an update on the status of their 2023 roadmap, indicating that they are close to fulfilling several key commitments. A significant update includes the upcoming “FlokiFi Locker” upgrade, which will bring native payment options, burn mechanisms, a referral program, and additional features to enhance the protocol.
The code for the upgrade has been submitted to Certik, a blockchain security auditor, for evaluation, and it will be launched on the mainnet once approved. Another important upgrade mentioned is the integration of a major DeFi lending and borrowing protocol on the BNB chain, enabling FLOKI users to borrow stablecoins and other cryptocurrencies using their FLOKI tokens.
Related Posts
#FLOKI 2023 ROADMAP UPDATE
We are VERY CLOSE to delivering on several key promises on the $FLOKI 2023 roadmap, so we believe an update is long overdue to show where we are at.
Here is a quick overview of some of the exciting things our devs are working on behind the scenes that… pic.twitter.com/EjGj284jCk— FLOKI (@RealFlokiInu) June 22, 2023
This integration is expected to begin in the upcoming week. Furthermore, the FLOKI team is currently testing a staking feature for bugs, which will be launched shortly after internal assessments are completed. The team is also in the process of finalizing a redesign of FlokiFi to enhance user experience.
FLOKI surges after announcement
Following this roadmap update, the FLOKI token has seen a significant increase of 14% over the past 24 hours, reaching a trading price of $0.00002833. This price rise is likely driven by the favorable news regarding the roadmap as well as the recent sharp rise in Bitcoin’s value, which has boosted the entire cryptocurrency market.
