Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the hreflang-tags-pro domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/wp-includes/functions.php on line 6121
[www-stage.newsbtc.com/news/company/xdefi-holders-commit-to-1-year-liquidity-lock-signaling-confidence-in-ctrl-wallet/]
[wp-includes/functions.php:6121 trigger_error(), wp-includes/functions.php:6061 wp_trigger_error(), wp-includes/l10n.php:1371 _doing_it_wrong(), wp-includes/l10n.php:1409 _load_textdomain_just_in_time(), wp-includes/l10n.php:195 get_translations_for_domain(), wp-includes/l10n.php:307 translate(), wp-content/plugins/hreflang-tags-for-wordpress/includes/variables.php:24 __(), wp-content/plugins/hreflang-tags-for-wordpress/hreflang-tags-pro-main.php:45 include_once('wp-content/plugins/hreflang-tags-for-wordpress/includes/variables.php'), wp-content/plugins/hreflang-tags-for-wordpress/hreflang-tags-pro.php:40 require_once('wp-content/plugins/hreflang-tags-for-wordpress/hreflang-tags-pro-main.php'), wp-settings.php:545 include_once('wp-content/plugins/hreflang-tags-for-wordpress/hreflang-tags-pro.php'), wp-config.php:53 require_once('wp-settings.php'), wp-load.php:50 require_once('wp-config.php'), wp-blog-header.php:13 require_once('wp-load.php'), index.php:17 require('wp-blog-header.php')]

$XDEFI Holders Commit to 1-Year Liquidity Lock, Signaling Confidence in Ctrl Wallet
NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

$XDEFI Holders Commit to 1-Year Liquidity Lock, Signaling Confidence in Ctrl Wallet

NewsBTC
NewsBTC
9 months ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

This initiative aims to boost liquidity across Ctrl’s ecosystem and lay the groundwork for the community’s future growth. 

Web 3 self-custody wallet Ctrl Wallet announced a new liquidity provision program following a governance vote by the largest holders of its native token, $XDEFI. The 12-month liquidity provision program aims to increase liquidity across its ecosystem and give $XDEFI major stakeholders a chance to show their long-term commitment to the project. Additionally, the significant liquidity initiative involving its $XDEFI utility token introduces important updates to its tokenomics.

Ctrl Wallet is a leading Web 3 self-custody wallet that supports over 2,100 blockchains, crypto, and NFTs, empowering DeFi users via its robust features, intuitive interface and multi-chain capabilities. The liquidity initiative will see the largest holders of $XDEFI deposit 32% of the total supply (or 50% of the current circulating supply) into AMM liquidity pools on Uniswap. This is expected to deepen liquidity and reduce potential selling pressure significantly. 

Speaking on the launch of the initiative, Emile Dubié, CEO of Ctrl Wallet, praised the efforts of the stakeholders stating: 

“This initiative demonstrates the unwavering belief we have in Ctrl’s potential. By committing such a significant portion of tokens to liquidity provision, we are not only supporting the token’s stability but also laying the groundwork for future growth.”

The top largest holders of the $XDEFI token include  Delphi Digital, Mechanism Capital and Morningstar Ventures, in addition to its two co-founders and the company’s treasury. Collectively, the investors will deposit 76.9 million $XDEFI into the pools until September 2025. This amount includes liquid and circulating $XDEFI tokens.

Ctrl Wallet Introduces New Token Unlock Schedule

In addition to launching the liquidity initiative, Ctrl Wallet also announced a new token unlocking schedule based on milestones. The withdrawal of the tokens will start at six months following the launch (March 2025) with a strict number of tokens to be unlocked. The first quarter can be withdrawn when $XDEFI reaches a US$100M fully diluted valuation (FDV), with another quarter released at US$200M FDV, and a quarter at US$300M FDV, and the final quarter when $XDEFI reaches US$500M FDV.

The project will also incentivize investors to keep their tokens locked in the AAM pools, offering a 10% APY on their deposited tokens. The APY will only be offered to contributors and investors, not the project’s treasury. 

The latest initiative comes weeks before the planned migration of Ctrl Wallet’s $XDEFI tokens to $CTRL tokens. The rebranding from $XDEFI to $CTRL will also see the project adopt a buy-and-burn model, with 75% of all revenue generated in Ctrl Wallet used to purchase $CTRL tokens on the open market, which will then be burned.

Notwithstanding, Ctrl Wallet also announced the introduction of new revenue-generating features including in-wallet quests, a launchpad, and expanded Gas Tank functionality. Such additions are expected to drive increased usage and revenue, directly benefiting $CTRL token-holders through the buy-and-burn mechanism.

The recent developments are expected to further grow the project’s adoption rates. Since its launch in 2020, the project has amassed over 450,000 weekly active users, which is over 2X increase from Q2 2024.

Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

A Rollercoaster Year: A Look at the Biggest Crypto Moments of 2025 So Far

We’re not even at the midway point, yet 2025 has arguably been the most talked-about year for crypto so far....

News BTC 2 weeks ago

Toobit Launches Up to 200x Leverage for BTCUSDT and XAUTUSDT Perpetual Contracts

George Town, Cayman Islands, June 11, 2025 — Toobit, an award-winning global cryptocurrency exchange, today announces the launch of up...

News BTC 3 weeks ago

When AI Goes “Crazy”: Why Geek Foundation Is Backing Psychologically Disturbed Digital Minds

Artificial intelligence is expected to be flawless, rational, and controllable, right? Well, one project is turning that idea on its...

News BTC 3 weeks ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Why More Miners and Traders Are Moving to EMCD’s Unified Crypto Toolset

News BTC 2 weeks ago

Seizing the 2025 Bull Market: How CoinEx Empowers Global Traders from Three Key Perspectives

News BTC 2 weeks ago

How Artificial Intelligence in 2025 Helps You Achieve Financial Freedom?

NewsBTC 2 weeks ago

Premium Sponsors

Top Brands

Press Releases

  • The US cryptocurrency stock market plummeted? Smart people...

    3 weeks ago
  • LandDAO to Bring Land NFTs Backed by Real-World Assets...

    3 weeks ago
  • 仮想通貨プレセール終了|SOLXの今後と初期投資家に訪れるチャンスとは?

    ...

    3 weeks ago
  • 仮想通貨おすすめ|初期段階で注目される次世代プロジェクト3選

    ...

    3 weeks ago
  • Nový DeFi coin posílil o 76.6 %, zatímco Solana a Tron trpí kvůli tržní volatilitě

    Nový DeFi coin posílil o 76.6 %, zatímco Solana a Tron...

    3 weeks ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.