Floki DAO Phase 1 Transition Begins January 22, 2022: What You Need to Know
The Floki Inu team has announced that phase 1 of the FLOKI DAO upgrade is going to start on January 22nd, UTC, and is expected to complete within 48 hours, barring unforeseen circumstances. Phase 1 of the DAO upgrade will begin Saturday morning UTC and is expected to complete within 48 hours barring unforeseen circumstances. We will give updates throughout the process.
This is a significant step forward for the Floki ecosystem as the Floki DAO Phase 1 transition to DAO will commence on 22nd January 2022.
Increased Decentralization and Security for FLOKI
The official Floki Inu Twitter announcement thread noted: “This staged transition to a DAO makes FLOKI more decentralized and secure. It also facilitates the…” This transition represents a major step towards greater community governance and enhanced security measures.
What Happens to Your FLOKI Tokens?
Every FLOKI holder has been airdropped 1:1 what they held before the upgrade began at 8am UTC on Saturday, Janu. Going forward, the upgraded…
Key Takeaways:
- The Floki DAO Phase 1 transition begins on January 22, 2022, UTC.
- The upgrade is expected to take approximately 48 hours.
- The transition to a DAO aims to increase decentralization and security.
- All existing FLOKI holders received a 1:1 airdrop.
Stay tuned for further updates on the Floki DAO Phase 1 transition. This is an exciting development for the Floki community and marks a significant milestone in the project's evolution.