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TOKEN holders and stakers are now offered early access to TokenFi platform issuances through the newly announced “TOKEN Supercharge Program”, which potentially allows them to acquire up to four times more tokens per wallet than the standard allocation. To qualify for the program’s priority access, one must hold or stake a minimum of $1000 worth of TOKEN. The program also provides additional benefits for investors holding higher amounts of TOKEN.
Details of the TOKEN Supercharge Program
The developers behind the TokenFi launchpad argue that the announced program aims to give TOKEN holders priority for participation, addressing potential concerns about token sales activities selling out quickly to the general public. Through the TOKEN Supercharge Program, TOKEN holders and stakers will benefit from privileged treatment by securing the token before a wider audience, upon the program’s approval.
Under this proposed program, eligible users will be able to obtain up to four times the standard token quota per wallet, which represents a significant advantage over participants who do not stake or hold tokens and may face limited access to token sale activities. To gain priority access, users must invest or hold at least $1000 worth of TOKEN. Additional privileges will be offered for higher amounts.
TokenFi’s anonymous developer B emphasized the necessity of this initiative, especially considering the expected rapid sales of token sale activities, which could potentially exclude most TOKEN stakers and holders from participating. The proposed program aims to ensure that these individuals, who rightfully should benefit from such activities, are not disadvantaged due to limited availability.
Program Announcement Spurs Movement in Altcoin
The price of TOKEN saw movement following the announcement of the TOKEN Supercharge Program. Although the price of the Altcoin was trading at $0.165, a 2.19% increase over the last 24 hours at the time this article was prepared, it is noted that the price has recovered from the day’s lowest level of $0.1519.
TokenFi, whose mainnet asset is TOKEN, facilitates the launch of any cryptocurrency without the need for coding skills. Established in 2023 as a sister project to the once dog-themed memecoin Floki (FLOKI), TokenFi has since evolved into a metaverse and decentralized finance (DeFi) platform.
