Red Floki

Red Floki (REDFLOKI) is a meme token that aims to offer benefits to long-term token holders. The platform operates on numerous protocols to seek to reward users with profits. Red Floki is envisioned to develop a strong and sustainable meme economy throughout the Binance Smart Chain (BSC). The token seeks to offer the users liquidity locking, marketing wallets, and passive growth mechanisms.

The Red Floki seeks to benefit the holders by passively growing or balancing their stake in Red Floki. The Red Floki platform seeks to function with the protocol that restricts the sudden excessive sale of the stake. As a result, the token aims to have negligible chances of sudden drop or dump in the industry. To increase the events of the pump, no charge is levied on the trades. Also, some amount of revenue generated from the pools or taxes is shared in charities.

As per the website, the token also consists of the burning protocol that backs up the deflationary status. The cryptocurrency operates via levying the 3% tax charge on each non-buy transaction. However, the amount is distributed among the token holders as rewards, and ultimately to the marketing, liquidity locking, and burning of the tokens. Cryptocurrency burning is when a fraction of tokens are sent to a wallet with no private key. This means the tokens are lost forever. Tokens are usually burned to reduce availability and increase market value. The platform regulates the token with the name 'RED FLOKI,' and is built on the Binance Smart Chain blockchain technology. Lastly, only one quadrillion Red Floki tokens can be minted.

Red Floki is inspired by the favorite color and name of the puppy of current world fortuner, Elon Musk. The maximum supply of the token is one quadrillion.