Holders expected liquidity after 12 months. Instead, they've got lawsuits brewing and a hasty governance vote on phased unlocks from the Trump-linked DeFi darling.
theAIcatchupApr 10, 20264 min read
⚡ Key Takeaways
75% of WLFI supply remains locked, sparking holder lawsuits and backlash.𝕏
Phased unlock proposal is damage control, not a full liquidity fix.𝕏
Treasury's $75M borrowing raises red flags on fund use amid illiquidity.𝕏
The 60-Second TL;DR
75% of WLFI supply remains locked, sparking holder lawsuits and backlash.
Phased unlock proposal is damage control, not a full liquidity fix.
Treasury's $75M borrowing raises red flags on fund use amid illiquidity.