Trading on the platforms will begin. Initially, only 20% of the tokens from the two public presale events will be opened, and early investors will be able to claim them.
The opening of the remaining 80% of the presale tokens will be determined by a community vote on the timing and method. The tokens of the founders, team, advisors, and partners will remain locked at this time.
Investors as 'partners' typically do not have their tokens locked like founders or advisors. Specifically, there is a large entity called ALT5 Sigma Corporation, which created a treasury strategy for holding WLFI tokens.
ALT5 Sigma raised $1.5 billion through a registered direct offering and a special allocation for acquiring WLFI tokens and acting as treasury custodian. ALT5 holds approximately 7.5% of the total WLFI token supply.
The tokens held by ALT5 (sometimes referred to as ALT5 shares related to WLFI tokens) are relevant to the circulating supply and market dynamics because the value of ALT5 is tied to its holdings of WLFI tokens. For example, the 3.75 billion WLFI tokens held by ALT5 are considered part of the opening amount with 20% (25 billion × 20% = 5 billion) of the tokens sold in the public presale, resulting in 8.75 billion WLFI tokens open, which represents about 8.75% of the circulating supply at launch.
The trading ratio at launch is very small (around 8.75%), which may create an environment where the token price can rise, with some speculation on the possibility of the token price reaching 4.7 units (although it is speculation, the small trading supports the upward price possibility).
The process of claiming the open tokens involves activating the Lockbox smart contract before September 1, which securely holds the tokens until they are claimed. Starting from the trading launch, users can claim 20% of the early support allocation through this mechanism. Other tokens remain locked until community-approved opening schedules are revealed.
