Analysis: Currently, only 65.5% of WLFI presale tokens have been transferred to the Lockbox contract for activation, so its TGE circulating supply may be significantly lower than expected.

ChainCatcher News, according to on-chain analyst @ai_9684xtpa, among the total supply of 100 billion WLFI tokens, only 20% from the first and second rounds of the public sale are clearly unlocked at TGE, with the total tokens sold in the public sale being 25 billion.

• Assuming all participants have transferred their tokens to the Lockbox and activated them, the TGE circulating supply would be 5 billion tokens (5% of the total supply). Based on the current contract price of $0.3858 on a certain exchange, this would result in $1.93 billion in sell pressure.
• However, Tokenomist found that in the WLFI smart contract, the corresponding early presale user share is only 1.843 million tokens (with 657 million tokens not accounted for). If this is true, under the same conditions, the TGE circulating supply would decrease to 3.68 billion tokens, about $1.42 billion in sell pressure.
• As of 8 PM tonight, the WLFI Lockbox contract has received a total of 16.395 billion tokens, meaning only 65.5% of the presale tokens have been activated. Therefore, the actual TGE circulating supply will ultimately depend on the total number of tokens deposited by investors.

Based on the current contract price of $0.3858 on a certain exchange, WLFI's FDV is $38.58 billion, which is 1.62 times the FDV of LINK. DWF Labs previously invested $25 million to acquire 250 million tokens at a cost of $0.1 each, and is also a USD1 market maker. Therefore, DWF Labs will become the market maker for WLFI tokens.