PROPOSAL: APPROVE LIQUIDITY PROVISIONING FOR A FLOKI ETP

We've been actively working with a respected Asset Manager and an ETP Issuer to launch a Floki ETP (Exchange-Traded Product) for quite a while now. After months of due diligence and painstaking effort, we've been told that the Floki ETP is on track to go live in early Q1, 2025.

An ETP is an investment vehicle that can be traded on stock exchanges just like an ETF but with a slightly different structure and purpose. An ETP serves as a one-stop solution to merge fully into the TradFi ecosystem and build a bridge for TradFi investors to easily access, buy and hold Floki in a secure and regulated manner. A key similarity between an ETP and an ETF is that they both make an asset easily available to institutional & retail investors in a transparent and regulated way.

The Floki ETP is currently in an advanced stage and will become tradable on the SIX Swiss Exchange, the largest stock exchange in Switzerland and the third-largest in Europe.

When it goes live, the Floki ETP will allow institutional investors, regulated entitites and retail investors to get exposure to FLOKI in a regulated way.

This is a big move that is almost unprecedented in this space, because Dogecoin is currently the only memecoin in the WORLD, with a live ETP --and Floki could become the next memecoin with an ETP besides Dogecoin. It is also worth noting that while the Dogecoin ETP is live on Sweden's Spotlight Stock Market, the Floki ETP will be going live on the SIX Swiss Exchange, a much larger stock exchange based in Switzerland, a country known for its pristine qualities and luxurious reputation.

The purpose of this DAO proposal is to seek approval from the Floki DAO for providing liquidity to the ETP.

More specifically, in line with a community vote, we made a series of buybacks about 3 years ago. These buybacks were mede to the following wallet on the BNB and ETH chains:

0xE50Ba22E1c7Cd0d36afA90973B12d26Aff167993

We currently hold 16,310,285,772.6 FLOKI tokens in the above wallet and propose using a portion of them to provision liquidity for the ETP while burning the remainder on the day the ETP launches.

NOTE: We are currently unable to disclose specifics about the ETP due to NDAs. However, if this proposal passes, it will be executed in line with the Floki DAO's mandate, and a future announcement will provide more details about the ETP when it goes live and disclosure is permitted. The FLOKI tokens that will be used to provision liquidity for the ETP will always remain Floki's property and can be withdrawn in the future if there is enough third-party liquidity in the ETP.