Super Floki is a decentralized finance (DeFi) token created with AutoBoost, hyper-deflationary, and charitable tokens. Hyper-deflation occurs when the currency's purchasing power rises drastically in a short period. However, the platform was designed to support the number of financiers and produce healthy returns for participants. According to the whitepaper, this currency is the first hyper-deflationary and AutoBoost token that helps tokens to follow automatically every trading to prevent large sell-offs. Elon Musk has given a "Floki." Moreover, the platform is a mix of charity and business with a clear roadmap to disrupting the world of cryptocurrency.
The AutoBoost protocol of Super Floki runs mathematically to do variable buybacks, which adjust based on volume to support stability. Further, the AutoBoost seeks to vary depending upon the transactions over the past 24 hours that continue to change based on the volume. Every time a sale occurs with the SLOKI token, AutoBoost aims to buy back variable amounts. Besides, AutoBoost is considered a one-of-a-kind function that is more powerful than a standard buyback system.
The system creates a total of 100,000,000,000,000,000 SLOKI tokens. Of the token, 80% aims to get used for liquidity, and 20% seeks to get burned. Liquidity refers to the ease with which an asset can get converted into ready currency without changing its market price. Coin burning permits users to remove tokens from circulation, reducing the number of coins in use. A charity gets decided later with inputs from members or by vote. Also, Super Floki is moving ahead with a plan to benefit the users.
