BlockBeats news, on July 19, WLFI clarified to the community that no tokens of co-founders, team members, or advisors will be unlocked at launch. Additionally, there will not be another private placement round, but rather a WLFI token reward program in collaboration with major trading platforms—allowing users to earn tokens on platforms they already trust and use.
Regarding the unlocking plan:
Only the portion of tokens purchased at $0.015 and $0.05 during the public offering will be unlocked initially; additionally, treasury tokens will be used solely for injecting liquidity. After the launch, the team will submit a community vote to determine the unlocking schedule for the remaining tokens at $0.015 and $0.05 (as well as OTC trading tokens). Only after this vote is completed will the team submit another final vote for the community to decide the unlocking schedule for the tokens of founders, team members, and advisors.
Currently collaborating with major CEX platforms to ensure WLFI is available on trading platforms that users are familiar with and prefer. DeFi options will also be provided to meet the needs of users who prefer a decentralized trading experience. Complete launch plan details will be announced soon.
