Dogecoin

Memecoin

Floki DAO

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    <h4 class="relative p-1 rounded-sm flex items-center justify-center bg-token-main-surface-primary text-token-text-primary h-8 w-8"><strong>If the vote passes, Floki would join Dogecoin as the second memecoin to secure a registered ETP. </strong></h4>
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     This would give institutional investors a new way to gain exposure to the memecoin.
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 <h5><strong>Voting Underway</strong></h5>
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<p>The <a href="https://snapshot.box/#/s:floki-inu.eth/proposal/0x50aa497ab85e56c5ec16cff70acd4e5146b333db06e5528496c931db4c62cbe6" target="_blank" rel="noopener noreferrer nofollow">proposal</a>, submitted on December 25, suggests allocating a portion of the DAO’s treasury—16 billion FLOKI tokens, valued at $2.8 million—to an asset manager to facilitate the launch. This move aims to bolster liquidity for the ETP, which would be listed on the SIX Swiss Exchange, the largest stock exchange in Switzerland and the third-largest in Europe.</p>
<p>As of now, the proposal has garnered 140 votes in favor, with no opposition. Voting remains open until December 27th, giving Floki DAO members time to weigh in. The DAO’s spokesperson noted, “The Floki ETP is currently in an advanced stage and is on track to go live in early Q1, 2025.”</p>
<blockquote class="twitter-tweet">
 <p dir="ltr" lang="en">FLOKI DAO VOTES IN FAVOR OF A PROPOSAL TO PROVIDE LIQUIDITY FOR THE CREATION OF A FLOKI ETP!</p>
 <p>The Floki DAO has voted overwhelmingly in favor of a proposal to allocate tokens towards providing liquidity for the creation of a Floki ETP.</p>
 <p>The proposal, which was the first time ever… <a href="https://t.co/e64vx3QOOl" rel="noopener noreferrer nofollow">pic.twitter.com/e64vx3QOOl</a></p>
 <p>— FLOKI (@RealFlokiInu) <a href="https://twitter.com/RealFlokiInu/status/1872602450848354520?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 27, 2024</a></p>
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<p>While the team couldn’t share all the details due to non-disclosure agreements. They assured the community that the project would be executed in line with Floki DAO’s goals if the proposal was approved.</p>
<h5><strong>More About Floki</strong></h5>
<p>Floki has officially launched its crypto education platform, the University of Floki, to make blockchain and Web3 technology accessible to everyone. Designed for both beginners and seasoned enthusiasts, the platform offers expert-led courses on essential topics like DeFi, security, finance, blockchain, smart contracts, and <a href="https://www.altcoinbuzz.io/?s=nfts" target="_blank" rel="noopener noreferrer nofollow">NFTs</a>.</p>
<blockquote class="twitter-tweet">
 <p dir="ltr" lang="en">University of Floki is live!</p>
 <p>Floki’s crypto education platform aims to bridge the knowledge gap for the next wave of crypto users, making blockchain and web3 technology accessible to everyone.</p>
 <p>Whether you’re completely new to crypto or looking to deepen your understanding,… <a href="https://t.co/zkglEE1Jsp" rel="noopener noreferrer nofollow">pic.twitter.com/zkglEE1Jsp</a></p>
 <p>— FLOKI (@RealFlokiInu) <a href="https://twitter.com/RealFlokiInu/status/1871556747569004811?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 24, 2024</a></p>
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<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>At launch, learners can dive into two foundational lessons. The first is “<em>Introduction to Blockchain Technology”</em> and the second “<em>Understanding DeFi Fundamentals”</em>. The University of Floki plans to expand its curriculum regularly.</p>
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<h6><strong>Disclaimer</strong></h6>
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p>
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/floki-dao-eyes-europe-with-memecoin-etp-proposal/" rel="noopener noreferrer nofollow">Floki DAO Eyes Europe with Memecoin ETP Proposal</a> appeared first on <a href="https://www.altcoinbuzz.io" rel="noopener noreferrer nofollow">Altcoin Buzz</a>.</p>

Floki DAO Eyes Europe with Memecoin ETP Proposal

Altcoin Buzz

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