Delta, the liquidity management team, responded to the selling concerns, stating that OTC has not set up a lock-up

DeFi liquidity management layer Delta 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 another 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, nor could they control subsequent selling actions.

The team stated that after communicating with partners and seeking solutions, both parties failed to reach a consensus. The team also provided detailed on-chain transaction records to demonstrate that the team itself did not directly sell the tokens.