TokenFi Developers Propose Unique Program to Maximize Benefits for TOKEN Holders
The innovative “TOKEN Advantage Program” aims to provide exclusive opportunities for TOKEN holders and stakers on the TokenFi platform. This program would allow them to access platform issuances ahead of the general public, potentially enabling them to acquire up to four times more tokens than the regular allocation per wallet.
To qualify for priority access, individuals must hold or stake a minimum of $1,000 worth of TOKEN, with higher levels of holdings yielding additional perks and advantages.
With this initiative, developers aim to address the common problem of token sale events selling out quickly to the general public, disadvantaging TOKEN holders who should be the primary beneficiaries.
The talented team behind the TokenFi launchpad is presenting a groundbreaking proposal to enhance the benefits for TOKEN users by granting them early access to platform issuances.
The “TOKEN Advantage Program” will offer preferential treatment to TOKEN holders and stakers, granting them the opportunity to secure tokens before they become available to the wider public, provided the proposal is approved.
Additionally, eligible users will be able to acquire up to four times more tokens than the standard allocation per wallet. Users who do not stake or hold TOKEN may face limited access to token sale events.
For priority access under this proposed program, users are required to stake or hold a minimum of $1,000 worth of $TOKEN, with higher holdings unlocking further benefits.
“We already have nearly a dozen token launches in the pipeline, with announcements scheduled in the upcoming days and weeks,” shared TokenFi developer B in a CoinDesk release. “However, we foresee a scenario where some of these token sale events may sell out within minutes, particularly if they are open to the general public.”
He added, “This could potentially result in the majority of $TOKEN stakers and holders missing out on participation in these events, contrary to what should be their main advantage.”
TokenFi, which utilizes its native digital asset, token (TOKEN), allows users to launch any cryptocurrency without the need for coding. The project was established in 2023 as a sister initiative to Floki, a former dog-themed meme coin that has since transformed into a metaverse and decentralized finance platform.
As of now, TOKEN prices are relatively stable, trading at 16 cents, according to available data.