SHIB Rival FLOKI Up 22% As Team Introduces 2023 Roadmap Update

FLOKI

According to the FLOKI official account, they are “very close to delivering on several key promises on the FLOKI 2023 roadmap” and have thus released an update to highlight where things are right now.

Here’s what the roadmap update is about

The team will be able to incorporate native payments, burn methods, a referral programme, and other capabilities thanks to the “FlokiFi Locker” update. This is “by far Floki Locker’s biggest upgrade,” according to the report, and it will probably hasten the protocol’s adoption.

The blockchain security auditor Certik has received the upgrade’s code for evaluation. The FLOKI team anticipates receiving the go-ahead to launch on the mainnet at the earliest opportunity.

The phrase “Major DeFi Lending and Borrowing Integration” refers to the second update. In addition to being “the second biggest DeFi protocol on the entire chain,” the team said that they are set to incorporate “the biggest lending protocol on the BNB chain.” As a result, Floki users will be able to borrow stablecoins and other cryptocurrencies using FLOKI. This one might begin as soon as the next week.

Additionally, a FLOKI staking mechanism is mentioned in the tweet. The team is now checking it for issues, but as soon as the internal checks are complete, it will also go online. The next task is to modify FlokiFi in order to make the FlokiFi Locker “the most user-friendly locker protocol in the industry”. This is also soon to be completed and launched. Now being conducted are the last round of bug checks.

Valhalla to launch on mainnet this year

In addition to the aforementioned items, the Floki team plans to launch Valhalla on the mainnet this year. Valhalla is the platform’s primary utility product and a metaverse game that is meant to be locked away from the circulating supply (i.e., burned in an effort to make FLOKI more scarce).

FLOKI will be combined with Play To Earn, Battle Arenas, and a Chinese version that will enable users to earn from Chinese cryptocurrency interest in the mainnet version.

FLOKI jumps 22%, going strongly green

The FLOKI token has increased by an astounding 22% during the last day and is currently trading on the OKX platform for $0.000027649. The price increase is most likely a response to the announcement of the roadmap, but it also follows the recent abrupt rise of Bitcoin, which also helped to boost the whole cryptocurrency market.

The leading cryptocurrency reached the $30,000 mark on June 21 for the first time since April of this year.

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