Stake your $FLOKI and earn a yearly percentage on your holdings!
Floki
Progress mission: 0 of 2
Updated: 10 days ago
Rewards
APY
6.7% 22.5%
Details
Rating
7/10
Reward fee
Early penalty
Risk
High
Unstake period
Variable
The Floki Staking Program allows $FLOKI holders to stake their tokens and earn TokenFi ($TOKEN) as a reward. 54% of the total TokenFi supply is allocated to $FLOKI stakers. The program offers different staking durations, ranging from 3 months to 48 months, with longer staking periods providing higher reward multipliers. The multipliers are:
- 1.25x for 3 months
- 2x for 12 months
- 3x for 24 months
- 4x for 48 months
Staking requires locking tokens for at least three months. If you unstake tokens before the selected period ends, you’ll pay an early unstaking fee. The penalty fee varies based on the staking duration:
- 5% for the 3-months
- 10% for 12 months
- 15% for 24 months
- 20% for 48 months
These fees are deducted from the staked $FLOKI and sent to a burn wallet, reducing the overall token supply.
You can claim TokenFi ($TOKEN) rewards at any time during the staking period.
Pros & Cons
TokenFi Rewards
Staking $FLOKI allows you to earn TokenFi (TOKEN), providing an additional incentive for long-term holders.
Higher Rewards for Longer Staking
The staking program offers multipliers that increase rewards based on the duration. With up to 4x rewards for a 48-month stake.
Claimable Rewards
You can claim TokenFi rewards at any time, even while the $FLOKI tokens remain staked.
Deflationary Mechanism
Early unstaking penalties result in burned $FLOKI tokens, potentially reducing supply over time. Fewer tokens in circulation increase the chance of price growth.
Flexible Staking Periods
Options range from 3 months to 48 months, allowing users to choose a staking duration based on their risk tolerance and commitment level.
Lock-up Period
Once staked, $FLOKI tokens are locked for at least 3 months. Without having the access to the tokens, your liquidity is limited.
Early Unstaking Penalty
If you need to unstake before the selected period ends, a penalty of 5% to 20% applies. This reduces the number of tokens you get back.
Volatility Risk
The value of both $FLOKI and TokenFi ($TOKEN) may fluctuate, affecting the overall profitability of staking.
No Direct Yield in $FLOKI
Rewards are distributed in TokenFi rather than $FLOKI, meaning holders rely on the value of a different token for returns.