After WLFI is officially launched, the price will not be lower than $1!
LBANK recently opened pre-market trading, and the exchange maintained WLFI at around $1 by controlling the market or limiting price fluctuations.
To reduce the risk of price shock after the subsequent official launch.
If the exchange controls the price at a low level (such as $0.x), once WLFI is launched, the price will rise rapidly (for example, reaching $5)
The exchange may need to repurchase WLFI from the market at a price several times higher to meet the user's withdrawal needs.
This operation will cause the exchange to face greater financial pressure and potential losses.
This is to avoid bank runs or capital chain problems caused by drastic price fluctuations.
