When WLFI announced a 20% unlocking for the pre-sale buyers (5 billion tokens), their rationale was to keep the price of WLFI respectable. However, they NEVER mentioned the dumping of another 20 billion tokens into the market. Clearly, that was unfair to the pre-sale buyers, who still hold 80% of their tokens locked. WLFI’s response was to buy back and burn. If that’s the case, then why not unlock the remaining 80%? In the short term, this will cause the price to severely drop. At which point, those who are long can buy up more tokens cheaply. In addition, WLFI can buy up a whole lot more tokens for their money and burn them. This will better drop the circulating supply in a much faster time frame. It’s a win - win for everyone.
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That was never a communicated rationale
There would have to be communication to communicate a rationale.
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Conclusion: That was never a communicated rationale
Yes, it was. You shouldn’t correct what you are not aware of.
Yes, it was. You shouldn’t correct what you are not aware of. Why do you think they settled on only 20%?
Keep being wrong, buddyboi