- India plans native web browser with integrated crypto tokens for digital signing.
- The Ministry’s challenge aims for a user-friendly browser with an inclusivity focus.
- India’s regulatory efforts extend to tech, crypto, and data protection initiatives.
Floki holders are gearing up for a huge Floki Fi Locker uupgrade. In detail, the release date is inching closer and Floki is ecstatic to introduce a whole new suite of functions to its users. To help guide them, Floki shares an informative post online.
In particular, the post, as we can see from above, talks about what users can expect. Specifically, it mentions how this upgrade will introduce several significant features.
FlokiFi Locker Upgrade Marks Pivotal Moment
The first of these features is native payments. This feature will allow users to make payments using various native tokens such as ETH, BNB, or the native token of their chosen supported blockchain. This is in contrast to the previous version where only stablecoins were accepted. Thus, Floki’s enhancement in payment options bloomed.
Next, users can leverage its referral program. To highlight, FlokiFi Locker is introducing a referral program that enables users to earn rewards by referring projects or users to the protocol. In fact, teferrers will receive a 25% commission on each lock they refer, automatically deposited into their wallet. This presents a lucrative opportunity for additional income, especially for those referring larger asset locks.
Following this, the post mentions a burn functionality. On this, the upgrade will enable users to burn tokens or LP (liquidity provider) tokens directly through the FlokiFi Locker interface. This user-friendly feature aims to simplify the token burning process, making it more comprehensible for retail users. Users can share a link to the FlokiFi Locker page to showcase the tokens or LP tokens burnt.
Additionally, users will see a feature called lock extension. Here, users will have the ability to extend the locks on their LP or token holdings before the original lock expires. This will provide increased flexibility and control over their assets.
Lastly, the post talks about V3 LP locks and new integrations. The upgrade brings compatibility for V3 LP locks across all supported blockchains. Additionally, the protocol is set to integrate with new blockchains, promising further expansion in the future.
Therefore, this upgrade marks a pivotal moment for #FlokiFi Locker. It comes with the potential to significantly accelerate its adoption and contribute to the growth of the broader Floki Ecosystem.
To ensure the utmost security and reliability, the renowned blockchain security firm Certik is currently conducting audits of the upgraded protocol. Once the audits are completed and the enhanced protocol is deemed secure, the upgrade will be deployed to the mainnet.
Read Also
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
