WLFI vesting schedule: written in pencil, not code

Today WLFI hit the open market.

Everyone expected 5% of the total supply to be released, as originally announced. And then - in true Trump fashion - just half an hour before the event, the team announced that not 5%, but 25% would be circulating right away! They explained that they had received many questions about the circulating supply. Honestly, I doubt anyone was confused: all recent articles about WLFI made it clear that the community expected exactly a 5% unlock.

Why mislead everyone like this? Just to remind us once again that these kinds of projects can’t be trusted? It was already obvious: some tokens have their vesting rules locked directly into the smart contract, while others only mint the total supply, leaving distribution details (who gets what, when, and how much) in the hands of a multisig wallet or even a centralized custodian. WLFI clearly falls into the second category.

The community was relying on the publicly announced plan (5% supply), but it was never legally or technically enforced. So the team took advantage of that flexibility and went with 25%.

The slogan "code is law" only works when there’s no manual override. If the team kept the ability to change the schedule, then the law isn’t code - it’s whoever holds the keys.

Yes, this can happen in crypto. And the funny part? Demand for these tokens still exists. So if you want to swap WLFI, head over to rabbit.io - liquidity is always there.