Data: WLFI Lockbox contract has deposited 16.88 billion tokens, estimated value of 5.47 billion USD

ChainCatcher news, according to on-chain data, approximately 16.88 billion WLFI have been transferred to the Lockbox contract, accounting for 16.88% of the total token supply. Based on the pre-market contract price of $0.324, this is estimated to be worth about $5.47 billion.

It is reported that the WLFI token will officially begin unlocking at 8 AM Eastern Time on September 1. The related functionality page (Lockbox) is now live. Users need to activate it between August 25 and August 31 in order to receive 20% of the unlocked tokens starting from September 1.