“In Floki’s case, an exploit on our main cross-chain bridge would have a catastrophic impact on the project since this bridge currently holds 55.7% of what FLOKI’s total circulating supply should be. This is a lot of tokens, and that’s more than enough to drain the project’s liquidity pools and essentially destroy the project if exploited,” developers added in the now-assed proposal.

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• Source: https://www.coindesk.com/markets/2023/01/30/floki-inu-dao-passes-proposal-to-burn-over-100m-worth-of-tokens/?utm_medium=referral&utm_source=rss&utm_campaign=headlines