Wolf Locks 57% of Total Supply for Two Years Ahead of Byrrgis Launch to Strengthen Trust and Security
London, United Kingdom, October 9th, 2025, Chainwire
DeFi hub Wolf has unveiled its robust response to a recent token-bridging incident to restore community confidence and support sustainable growth of its onchain ecosystem. A raft of measures include the commitment of more than 57% of all WOLF tokens to a two-year lock, demonstrating the belief that major holders possess in the platform’s long-term prospects.
The rapid response taken by Wolf is designed to mitigate the effects of the bridge incident and to align its community behind the team’s vision for providing institutional-grade DeFi services secured by Byrrgis’ advanced architecture. These efforts will not only reduce sell pressure, but protect WOLF holders by providing full transparency into token ownership and vesting.
In late September, Wolf experienced two isolated events that impacted the WOLF token. In the first a trusted contractor retained ownership of Wolf’s Ethereum bridge during its setup phase. Instead of transferring ownership back to the team upon completion, the contractor abused their position to mint unbacked ETH-WOLF and drain ~$600K+ in ETH-side liquidity.
This was followed by an early whale refusing to sign an NDA and join the community lock framework before abruptly selling ~2% of supply. Both of these incidents have subsequently been mitigated, with the WOLF token and bridge fortified to prevent the possibility of any recurrences.
Every major WOLF holder has now locked their tokens through Streamflow, resulting in 57% of all WOLF tokens of the total supply now locked for two years, equating to more than 570M tokens worth $13.2M. The lock releases gradually, with 2.5% vesting after the two-year period and the option to re-lock thereafter.
Siraaj Ahmed, CEO of Byrrgis/Wolf, said: “With the broader whale community now aligned, WOLF has unmatched stability moving forwards. Combined with the decisive action taken to resolve the ETH bridge incident, we’re aiming to set a new benchmark for transparency and accountability in DeFi. Under Byrrgis, this foundation becomes the blueprint for how Web3 ecosystems should be built: long-term, transparent, and trust-minimized.”
Robert Freeman, CTO of Byrrgis/Wolf, added: “Despite having been fully audited, the ETH bridge was unfortunately accessed by a contractor abusing administrator privileges. We acted immediately, shutting it down, and launching a forensic review. What we’ve learned is now shaping a higher standard: WOLF has applied zero-trust security principals across all services and infrastructure with least privilege access and just-in-time privilege escalations.”
Amy Cooksey, CMO of Byrrgis/Wolf, said: “Wolf’s response in securing half the supply on Streamflow and embedding stricter vendors and audits sets the standard that will be enforced across the entire Byrrgis ecosystem. Our vision is resilience at every layer, where communities can see alignment, trace commitments, and trust that the system is stronger than any single actor. That’s how Byrrgis differentiates itself: not by avoiding challenges, but by facing them head-on and emerging stronger.”
Wolf’s NDA-backed, multi-year supply lock on Streamflow will provide a stabilizing framework that gives community members full visibility into ownership and unlocks. Byrrgis will apply these lessons across its umbrella, embedding accountability, transparency, and resilience that will foster best practices across the entire DeFi landscape.
About Byrrgis
Byrrgis is the DeFi hub that combines transparency with automation and professional-grade tools. Its dynamic multi-chain packs enable DeFi users to seamlessly acquire curated collections of coins. Built as the utility platform behind the $WOLF token, Byrrgis gives traders a fortress-like environment where they can effortlessly invest across chains. Its advanced tools help users efficiently deploy capital by automatically reallocating funds to the strongest positions. These innovations have established Byrrgis as one of the most intelligent portfolio platforms in DeFi.
Learn more: https://coin.byrrgis.app/