Self-custody cryptocurrency wallet Ctrl Wallet has revealed a significant liquidity initiative regarding its $XDEFI utility token. This initiative represents substantial updates to the tokenomics and highlights the long-term commitments of key stakeholders.
Commitment of $XDEFI Holders
The largest holders of Ctrl tokens have committed to a 12-month liquidity provision by placing 32% of all $XDEFI—or 50% of the current circulating supply—into Uniswap’s AMM liquidity pools. This list includes the two co-founders of Ctrl Wallet, the company's treasury, and its largest investors: Delphi Digital, Mechanism Capital, and Morningstar Ventures. In total, 76.9 million $XDEFI tokens were committed to the pools collectively until September 2025.
Executive Opinions
Emile Dubié, CEO of Ctrl Wallet, stated: > "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."
Future Plans of Ctrl Wallet
After six months, there are milestone-based withdrawal options: a quarter of the liquidity may be withdrawn when $XDEFI reaches a fully diluted valuation of US$100M; another quarter at US$200M; a third quarter at US$300M; and a final quarter at US$500M. Contributors will earn a 10% APY on their deposited tokens, except for the project treasury, as an incentive to retain liquidity even after milestones are met. This commitment comes ahead of Ctrl Wallet’s anticipated migration from $XDEFI to $CTRL and the implementation of a buy-and-burn model, where 75% of all revenue generated by Ctrl Wallet will be used to purchase $CTRL tokens on the open market, which will then be burned. Additionally, new revenue-generating features such as launchpads, in-wallet quests, and enhanced Gas Tank functionality are expected to directly benefit $CTRL token holders, further driving usage and revenue. Ctrl Wallet has achieved 400k WAU, a 2x increase in the previous quarter.
Ctrl Wallet's new liquidity initiative for the $XDEFI token and the upcoming migration to $CTRL demonstrate long-term planning and a commitment to sustainable growth.
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