Delta team statement: 2.6% of tokens were sold off-market in the early stage, of which 16.5 million have been sold.

November 9 - DeFi liquidity management protocol Delta issued a statement to clarify recent controversies. On August 24, during the project's early launch phase, the Pools platform's TVL was approximately $50,000, and DELTA's market cap was about $3 million. The team conducted an off-market transfer of 2.6% of the supply in exchange for operational funds and marketing, corresponding to 26 million DELTA, distributed from the creator's wallet to five receiving addresses. Of this, 16.5 million tokens, accounting for about 1.65% of the total supply, have been sold, while another 9.5 million tokens, accounting for about 0.95%, remain in two receiving wallets.

The team acknowledged that the transaction processing could have been better, that vesting periods and lock-up restrictions could have been set, and that they were overly trusting of the counterparty. The counterparty could dispose of and sell their share independently; the team set no restrictions and could not control subsequent selling, but had expected communication before any major dump. Before the first announcement, the team contacted the counterparty and attempted to reach a resolution; after negotiations failed, they made on-chain evidence public.

On November 7, an address labeled Frogmanhaha Funding Wallet transferred 0.01 ETH to each of the five receiving wallets within about three minutes, and three of those wallets collectively transferred back approximately 101,500 USDG to that funding wallet. Delta stated that the OTC supported early operations and that the agreed support was delivered, but the subsequent selling was not communicated in advance. The team stated it takes responsibility for its decisions.