Delta Clarifies Token Sale Concerns, No Lock-up Period Set

The DeFi liquidity management team at Delta has issued a statement clarifying recent community concerns regarding token sales. The team stated that an OTC transaction was conducted in the early stages of the project, allocating 2.6% of the supply, or 26 million DELTA tokens, to partners in exchange for operational funds and marketing support. Of these, 16.5 million tokens (1.65%) have been sold, while 9.5 million tokens (0.95%) remain in two receiving wallets. The team acknowledged that no vesting period, lock-up period, or other restrictions were set for the tokens allocated to partners, making it impossible to control subsequent sales. After communicating with partners and seeking a resolution, both parties failed to reach a consensus, and the team provided detailed on-chain transaction records to show that they did not directly sell the tokens themselves.

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