💥 Gate Square Event: #PTB Creative Contest# 💥
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📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
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"Decentralization" does not mean "you can do whatever you want". I believe that $WLFI is truly right this time, okay?
Sun Ge was $WLFI frozen tokens, and many people jumped out and said, "Can decentralization still freeze addresses? Isn't this double standard?" But from the project's perspective, it was a necessary action.
Don't forget, @justinsuntron holds 3 billion $WLFI, accounting for 7.5% of the supply, making him a big whale who can influence the market. As a result, just a few days after the launch, he transferred over 60 million tokens, equivalent to 9 million dollars, claiming it was for "testing the staking function." But you're an old investor, and such a transfer at this critical moment will certainly cause panic in the market.
The $WLFI team is not saying they want to implement centralization, but rather that in the face of potential risks of large sell-offs, they must give the market an explanation. If these types of whales are allowed to enter and exit freely, who is responsible for the retail investors being cut?
"Decentralization" does not mean letting go, nor does it mean believing whatever the whales say. Did you really throw it away? On-chain proof, not just a statement for everyone to believe.
So I think this freeze is not about creating trouble, but about protecting the market. How it will be handled later depends on whether he can provide evidence to clarify things. Don't play the project on one hand and then blame others for not giving you privileges on the other.