PANews
PANews|11月 09, 2026 02:17
[Delta Responds to Token Sell-Off Allegations: OTC Trading Had No Lock-up Period or Other Restrictions, Lacks Control Over Partner Sell-Offs] DeFi liquidity management firm Delta has issued a statement clarifying recent community concerns. The team stated that an early OTC transaction allocated 2.6% of the supply (26 million DELTA) to partners in exchange for operating funds and marketing support. Of this, 16.5 million (1.65%) have been sold, while 9.5 million (0.95%) remain in two receiving wallets. The team acknowledges that no vesting period, lock-up period, or other restrictions were imposed on the tokens allocated to partners, and that they had no control over subsequent sales. After attempting to communicate with partners to find a solution, no consensus was reached, and detailed on-chain transaction records were provided to prove that the team itself did not directly sell the tokens.
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