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Invezz 2024-01-30 08:04:47

Floki responds to Hong Kong SFC warning, clarifies staking programs and APY

In response to the recent notice issued by the Hong Kong Securities and Futures Commission (SFC) regarding the Floki and TokenFi staking programs, the Floki team has issued a comprehensive response. Addressing concerns raised by the regulatory body, the team elucidates on the sustainability of the high Annual Percentage Yield (APY) offered by the staking

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