BinStarter Leverages Floki’s DeFi Locker Solution For Liquidity Token Security
Summary
Decentralized launchpad BinStarter has adopted Floki's DeFi locker protocol, FlokiFi Locker, to enhance the security of its liquidity tokens. This move follows a warning from the platform about the emergence of fraudulent FLOKI tokens on the Solana and Base Blockchain. The fake tokens are designed to exploit unsuspecting investors by mimicking the brand's name and are not backed by the project. The community has been advised to avoid FLOKI-branded tokens on the Solana and Base blockchain, as the token only operates on the Ethereum and BSC networks.
