YakDAO, a popular decentralized autonomous organization, recently entered into a new partnership. The platform is reportedly teaming up with Floki Inu, the community that developed the FLOKI meme token, to leverage its FlokiFi Locker to lock $YAKS tokens. This move strengthens Floki’s Locker’s position in the wallet industry. Floki revealed the respective partnership on his official X account.
With a substantial block of over $2.23 million, YakDAO joins the ranks of projects leveraging #Floki’s revolutionary token locker, #FlokiFi Locker! 🔒
The total value locked on @FlokiFi Locker has now risen to over $138 million, demonstrating the widespread adoption of our DeFi Locker… https://t.co/eFTuolRzU2 pic.twitter.com/f7SiJY6M1U
— FLOKI (@RealFlokiInu) May 6, 2024
YakDAO locks a significant amount of tokens with Floki’s FlokiFi Locker
He pointed out that YakDAO has allocated a huge amount of tokens for this purpose. According to Floki, YakDAO has locked more than $2.23 million in 43 million $YAKS tokens. With this notable development, YakDAO has achieved a significant position. In this way the platform has become one of the projects that use the well-known Floki token locker.
Following this development, the value of tokens locked by YakDAO began to increase. As a result of this spike, the value of locked tokens recently jumped to the level of $138 million. The respective event is quite optimistic. It shows the large-scale adoption of Floki’s amazing DeFi Locker forum. In providing information about this initiative to the community, the platform expressed confidence. Floki Locker adoption continues to grow with growing trust and demand.
The initiative will potentially increase customer interest in Floki’s DeFi Locker
He said the respective effort would pave the way for greater community interest. Besides that, the platform also described YakDAO. He noted that the company operates as the first decentralized autonomous recreational property organization. Floki added that the platform pays close attention to making green and responsible investments.
According to Floki, the purpose of making such an investment is to favor a clean environment and sustainability. However, it was also revealed that providing information related to this effort does not function as a recommendation on the project. He went on to say that this doesn’t even mean investment advice. Therefore, you stated that the token lock does not serve to support the project. On the other hand, she added, the post only explains how FlokiFi Locker works.
