FLOKI staking went live for a week and TVL exceeded 54 million US dollars.
According to official sources, the TVL of FLOKI staking has reached $54.4 million within just one week since its launch, accounting for 17% of the total FLOKI supply. Most of these tokens have a staking period of 4 years.
More than 50% of the total supply of its sister token, TOKEN, will be allocated to FLOKI stakers, who can earn these tokens over the 4-year period with an APY of up to 160%.