Floki DAO has voted to decide to burn approximately 190 billion FLOKI, worth about 11 million USD

ChainCatcher news, according to the Snapshot page, the Floki DAO voted to destroy approximately 190 billion FLOKI (about 11 million USD), which accounts for about 2% of the current circulating supply. The proposal received a support rate of 89.49%. The tokens will be destroyed within a week.

Previously reported, the Floki (FLOKI) development team plans to destroy 190,918,585,431.84 FLOKI tokens, accounting for 2% of the token circulation, currently valued at over 11 million USD, to increase scarcity and network security.