The Floki community initiated a proposal vote on whether to destroy more than 15.2 billion FLOKI

The Snapshot governance page shows that the Floki community initiated a proposal vote to destroy 15,246,000,000 FLOKI, which ended at 03:12 Beijing time on May 16. The proposal stated that historically, Floki has conducted three key DAO votes related to destruction: a vote in February 2024 to destroy 190,918,585,431.84 FLOKI tokens recovered from the Multichain cross-chain bridge; a key vote in January 2023 to disable the Floki cross-chain bridge and destroy the 4.97 trillion tokens it holds; and a vote in July 2022 on whether to destroy excess tokens recovered from blacklisted wallets. In each case, the Floki DAO's decision was quickly executed, indicating that Floki is a fully decentralized cryptocurrency and that the Floki DAO ultimately determines the direction of the project. When Floki proposed in July 2022 whether to destroy excess tokens recovered from blacklisted wallets, a deadline was given for sending these tokens. However, some affected wallets did not send tokens before the deadline. Recently, an affected wallet sent 15,400,000,000 FLOKI to the Floki multi-signature wallet. The proposal suggested returning 1% of the tokens to the wallet and destroying the rest.