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- FLOKI shares a 2023 roadmap with exciting updates on its flagship product Valhalla and other groundbreaking upgrades.
- As expected, its price has reacted strongly with a seven-day surge of 24 percent and a bullish market sentiment.
This year has been a great one for meme coins with the likes of PEPE and FLOKI taking the crypto ecosystem by surprise with some incredible adoption and price surge. Interestingly, FLOKI has decided to build on the traction to follow the footsteps of the leading meme coins – Shiba Inu and Dogecoin. In its recent roadmap update, the team behind the meme coin has disclosed some key development updates including the FlokiFi Locker.
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.
According to the announcement, the FlokiFi upgrade would introduce native payments to the ecosystem. With this, there will be a referral program, burn functionality, support for V3 Positions LPs as well as lock extension. This upgrade has been finalized and is expected to go live soon.
This is by far #FlokiFi Locker’s BIGGEST upgrade and one that will rapidly accelerate the adoption of the protocol. Our devs pretty much finalized this upgrade last week and we’ve submitted the code to industry-leading auditor Certik for review. This will go live on mainnet as soon as Certik gives the go ahead, which could be any moment now.
FLOKI Working on Staking, Valhalla, and Others
FLOKI is also working on staking in its ecosystem. This is nothing new to users as staking already exists on its testnet. However, developers and other team members are working to test it to ensure it gives the best experience to users.
We are taking such a unique approach to staking to ensure that it is absolutely worth the while of every $FLOKI holder to stake their tokens. As such, we are carefully reviewing every little detail to ensure that there are no bugs. This is the highest priority item right now with at least half a dozen people working currently on the #Floki staking program at any given moment to ensure we go live soon. The rollout will be pretty rapid once the internal checks are complete.
FLOKI is also working to integrate what they call the biggest lending protocol on the BNB chain. The preparation is almost done and could go live any moment from now. It is important to note that holders would have the opportunity to borrow stablecoins and other assets against the FLOKI token. It could also have a long-term impact on the price as users can use their FLOKI tokens as collateral to borrow, hence reducing the selling pressure.
As part of the upgrades, developers are said to be adding the “finishing touches” to the slicker, a redesigned set to make FlokiFi Locker user-friendly.
An Update on Project TL
The team is also building another project called Project TL to make it possible and easy for users to launch their crypto projects. It is expected that tens of thousands of people will take advantage of this to accelerate crypto adoption. It is also said to have a buy/burn mechanism to make the asset deflationary.
Finally, its utility product Valhalla is set to go live on the mainnet this year.
The mainnet version will feature Open World, an in-game economy that integrates the $FLOKI token and allows Play To Earn Battle Arenas, and a Chinese version that will help capitalize on the ballooning gaming and crypto interest from China.
FLOKI has reacted positively to these upgrades with a 24 percent price surge in the last 24 hours to trade at $0.000027.
