Friday, January 21, 2022
Home Crypto News Market Floki Inu (FLOKI) Begins Rolling Its DAO Phase 1

Floki Inu (FLOKI) Begins Rolling Its DAO Phase 1

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On January 9, Floki Inu (FLOKI) decided to begin a gradual and phased transition to a DAO (Decentralized Autonomous Organization). The process was scheduled to start towards the end of the week.



Fulfilling its promise, today FLOKI’s official Twitter handle posted an update on gradual transitioning to a DAO and declared that the phase 1 upgrade would begin soon.

FLOKI has coordinated with exchanges and DeFi partners who will support this upgrade, and those platforms will release their announcements soon.

FLOKI’s team further noted that they are awaiting final confirmation from one of their key partners so that timing can be streamlined. They will release an official announcement with specifics of the DAO upgrade.

FLOKI assured its followers that the upgrade would be seamless and automated. Therefore, holders of the token should relax as they have to do nothing.

Furthermore, FLOKI has warned its holders not to share their seed phrase or sensitive details with anyone, as no one from FLOKI’s team or any of their partners will contact them for such information.

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Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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