2026-01-02 22:22:08

Looking back, the cash-out path for the BONK project team has actually been clear for a long time. Between mid to late July last year, they had already completed the majority of their fund exit — by equity financing and acquiring a struggling beverage company, thereby conservatively cashing out approximately 40 million USD.

The community had high hopes for WLFI, but later on, they constantly criticized certain core figures for their negative actions. Many people are curious about one question: why does WLFI insist on supporting BONK? The answer is actually simple — they need to acquire new users, and compared to mature operational products, investing in a nascent platform that is just starting out and relatively easier to guide is obviously more attractive.

Now, the chain of events is gradually coming to light. Looking at the series of actions taken by WLFI and USD1 over the past two months, one can basically understand the true picture of this ecosystem: the core party completes traffic aggregation through ecosystem support, then gradually achieves commercial goals. This operational model is not an exception in on-chain projects.

BONK7.04%

WLFI2.27%

USD1-0.04%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

7 Likes

Reward
7
4
Repost
Share

Comment

0/400

UnluckyMiner

· 10h ago

I’ve seen it all along, using the same tricks, the beverage company part was just too outrageous. --- $40 million just disappeared like that, and the community is still waiting here foolishly. --- Basically, they’re using new traders to harvest the leeks; this kind of scheme is really everywhere now. --- WLFI’s persona is collapsing pretty fast, I thought I could trust it. --- The core team makes enough profit and then runs, while those retail investors are still holding on desperately. --- Can’t you just say it outright? It’s obvious. --- It’s all about traffic aggregation and commercial goals, just hearing it is annoying. Just come out and say they’re cashing out. --- This on-chain trickery should have been regulated long ago. --- The operations with USD1 over the past two months do seem a bit shady, looking closely, it really is. --- I just want to know where that $40 million went, the beverage company? That’s really outrageous.

View OriginalReply0

PaperHandSister

· 10h ago

Another scheme, they really treat us like fat sheep --- 40 million USD, just like that, they take it and run, and we're still waiting for the price to rise --- Wait a minute, so WLFI just wants traffic to lure us? Haha, it's an easy thing to say --- Ecosystem support? They call it that, but honestly, it's just cutting --- Always like this, trust level drops by -1 again --- Looks like I need to be smarter, next time don’t be fooled by this kind of "partnership" --- Why didn't you say so earlier... caused the community to get scolded --- These on-chain schemes are really getting more and more sophisticated --- So if we miss out, we miss out, better than being trapped

View OriginalReply0

BlockDetective

· 10h ago

It's the familiar routine again—traffic aggregation, commercial monetization, cycle repeats. BONK has long seen through it; $40 million in profit just like that. They really treat the community as an ATM. WLFI's move this time is indeed a bit ruthless; new traders are easy to exploit, right? I've seen too many of these ecosystem chains; every time, the community ends up footing the bill.

View OriginalReply0

CoffeeNFTs

· 10h ago

I'm just trying to see how many people BONK can really scam, it's truly incredible --- Wait, 40 million USD just quietly taken away? The community is still passing the baton --- WLFI just wants new users, using BONK as a stepping stone, honestly don't expect anything from anyone --- This tactic is so sneaky, ecological support is played transparently, probably doing the same thing with the next project --- Why does it feel like all on-chain projects are the same? Should I step out of the circle --- A beverage company? This operation is truly outrageous, even the methods of asset transfer are so fancy --- Community complains every day, but BONK is still here, the core team still profits, it's so hopeless --- Traffic aggregation → Business goals, sounds just like the standard textbook for cutting leeks, no doubt --- Why do I have to come to the crypto world? It's all this kind of logic

View OriginalReply0