Home Altcoins News Amino Rewards Locks $34 Million in Assets, Boosting FlokiFi Ecosystem

Amino Rewards Locks $34 Million in Assets, Boosting FlokiFi Ecosystem

Amino Rewards

In a significant move that’s catching the eye of crypto enthusiasts worldwide, Amino Rewards has fortified its bond with the FlokiFi Locker by securing a massive $34 million in assets. These assets include treasury tokens, ecosystem rewards, marketing tokens, and liquidity pools, with allocations of 20% of supply, 20% of supply, 5% of supply, and $900k, respectively.

This development extends the strong association between Amino Rewards and Floki, enabling users to effortlessly earn $AMO simply by registering and actively participating on the Amino Move application. Amino Rewards, renowned for embracing various industries, has introduced a groundbreaking Web3 reward network that has significantly benefited sectors like sports, fitness, and health.

The revelation that users now have the opportunity to earn $AMO has ignited a surge in the token’s trading value. In the last 24 hours, the token witnessed an impressive jump of 0.75%, reaching $0.00169. This marks a substantial increase of 3.81% over the last 7 days and an impressive 3.81% surge over the past 30 days, or one month.

Amino Rewards has been on a rewarding journey lately, achieving remarkable milestones that include:

  1. Onboarding an impressive 2.7 million users to its application.
  2. Forming solid partnerships with over 200 retailers such as Adidas, Nike, Best Buy, and many others.
  3. Gaining the prestigious title of the official partner of the SF 49ers NFL team.
  4. Registering more than 150,000 daily active users.

The decision by Amino Rewards to lock in $34 million worth of assets has now set a new record as the highest-ever lock for the FlokiFi Locker. Floki, recognizing this achievement, has taken to the virtual world, particularly on X (formerly Twitter), to express their admiration for Amino Rewards as a robust project. They also believe that this partnership reflects a deep level of trust in their project, with a vision to boost the adoption of utility products.

However, it’s worth noting that the native token, $FLOKI, has not responded favorably to this development, with a 2.78% slip, bringing it to $0.00003081 at the time of writing. Over a period of 30 days, it has seen a substantial fall of 12.56%. On a brighter note, $FLOKI has managed to inflate by 66.76% in the last 30 days. Despite these fluctuations, the Floki community remains optimistic about the project’s future, with many expressing confidence in its trajectory towards the moon.

Amino Rewards’ asset locking in the FlokiFi Locker comes shortly after Floki announced its first-ever major exchange partner, Bybit. This move has shone a spotlight on $TOKEN by TokenFi, signifying it as one of the most respected exchange platforms, with over 15 million users actively listing the token.

Looking ahead, Floki and Bybit have exciting plans in the pipeline, including a comprehensive marketing campaign aimed at driving the adoption of $TOKEN on the platform.

In conclusion, the collaboration between Amino Rewards and FlokiFi Locker, resulting in the locking of $34 million in assets, is a significant development in the crypto world. With the potential to enhance the adoption of utility products and further expand the Web3 reward network, it’s a move that continues to shape the future of decentralized finance. While the market experiences fluctuations, the crypto community remains enthusiastic about the potential this partnership holds for the future of blockchain and cryptocurrency. Stay tuned for more updates as the crypto world continues to evolve and grow.

Read more about:
Share on

Sakamoto Nashi

Nashi Sakamoto, a dedicated crypto journalist from the Virgin Islands, brings expert analysis and insight into the ever-evolving world of cryptocurrencies and blockchain technology. Appreciate the work? Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

Crypto newsletter

Get the latest Crypto & Blockchain News in your inbox.

By clicking Subscribe, you agree to our Privacy Policy.

Get the latest updates from our Telegram channel.

Telegram Icon Join Now ×