WLFI Project Faces Governance Crisis, Community Accusations Surge
The project team is accused of serious governance flaws. What is the core issue? — They unilaterally unlocked and sold approximately 2 billion WLFI tokens without community approval. Some of these tokens were originally locked.
Community skepticism is high. Why? Because this violates fundamental transparency principles. Token unlocks should be major decisions and must go through community voting or governance procedures. Unilateral actions undermine the trust between the project and its investors.
The pressing issue now is: the project team needs to provide an explanation. The community's demands are clear — better governance structures, more transparent decision-making processes, and an explanation of this incident. Such events are frequent in the crypto ecosystem, reflecting that many projects still have a long way to go in achieving truly decentralized governance.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
8
Repost
Share
Comment
0/400
JustAnotherWallet
· 2025-12-21 05:17
2 billion coins directly unlocked? Is this not ridiculous... another self-indulgent story from the project party.
View OriginalReply0
FlashLoanPrince
· 2025-12-21 02:54
Another one? WLFI's operation this time is really amazing, unlocking 2 billion coins just like that...
View OriginalReply0
NFTRegretter
· 2025-12-19 17:08
It's the same trick again, 2 billion tokens quietly unlocking. Who can withstand this?
View OriginalReply0
ApyWhisperer
· 2025-12-18 08:53
Another one? 2 billion tokens secretly unlocked, this team really treats DAO as a decoration.
View OriginalReply0
GasWrangler
· 2025-12-18 08:52
ngl, 2 billion tokens dumped without governance vote? technically speaking, that's demonstrably false to their whole "decentralized" narrative. if you analyze the mempool data and transaction history, this reeks of pure centralization theater. gas-inefficient governance structures always collapse like this eventually.
Reply0
FOMOrektGuy
· 2025-12-18 08:49
Here we go again, I already know this trick... 2 billion tokens? Just dump the market directly.
Unilateral unlock? Isn't this just the prelude to a rug pull? Wake up, everyone.
View OriginalReply0
SmartContractPlumber
· 2025-12-18 08:49
This is a typical permission control vulnerability. The project's smart contract has no access control... 2 billion Tokens unlocked unilaterally, even more outrageous than a re-entrancy attack.
View OriginalReply0
ParallelChainMaxi
· 2025-12-18 08:45
Another prelude to a rug pull? 2 billion tokens are just explained away, how little they must care about the community.
WLFI Project Faces Governance Crisis, Community Accusations Surge
The project team is accused of serious governance flaws. What is the core issue? — They unilaterally unlocked and sold approximately 2 billion WLFI tokens without community approval. Some of these tokens were originally locked.
Community skepticism is high. Why? Because this violates fundamental transparency principles. Token unlocks should be major decisions and must go through community voting or governance procedures. Unilateral actions undermine the trust between the project and its investors.
The pressing issue now is: the project team needs to provide an explanation. The community's demands are clear — better governance structures, more transparent decision-making processes, and an explanation of this incident. Such events are frequent in the crypto ecosystem, reflecting that many projects still have a long way to go in achieving truly decentralized governance.