Machinations
Community
Product
Solutions
Academia
Resources
Pricing
Company
This model outlines and simulates the fee-collection system of the Floki Trading Bot, a Telegram-native app for trading cryptocurrencies. This includes FLOKI, the Floki ecosystem's native token. When users trade cryptocurrencies such as Ethereum (ETH), a trading fee is taken. Some of this is collected as revenue for the Floki ecosystem, while the rest is used to buy up FLOKI tokens from the market and burn them. This contributes to the deflationary tokenomics strategy of the FLOKI token.