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LF Wallet Token: A Holder-First Future for Our LF Community

Announcements 7 min readLast updated Coming soon

What is the LF Wallet Token and how do LF holders qualify for it?

LF Labs has announced the LF Wallet Token, a new token distributed to LF holders based on the LF they hold inside Lovely Legends. The announced allocation is a minimum of 5x the value of your LF holding, with the final ratio to be confirmed in an official announcement. To qualify, hold your LF on Lovely Legends and connect your X account.

To every LF holder — thank you, and here is the full truth

To our LF holders and our community: you deserve complete transparency, and today we are giving it to you — the difficult parts and the hopeful parts together. You have stood with Lovely Legends and with the LF token through every step, and that loyalty is exactly why we will always tell you the truth, even when it is hard.

We are writing this openly because you have earned honesty, not silence.

The situation we are facing

Right now, we are dealing with a difficult situation connected to BitMart. Most of our LF liquidity was held inside BitMart, and after their recent operational update, the situation became complicated for LF holders on that exchange — including us.

Recently, we also detected a movement of 30 million LF from a BitMart-related wallet toward Poloniex. The moment we saw it, we acted. We immediately informed the Poloniex team, requested that they stop accepting LF deposits coming from BitMart-related wallets, and asked them to suspend the account connected to that deposit.

At the same time, we are addressing this matter directly with BitMart's leadership, and we are preparing the necessary legal steps. Because we operate under UAE jurisdiction, we are in a strong legal position — but we are also choosing to move carefully and responsibly, because protecting our holders matters more than moving fast.

Why we are adjusting our listing strategy

This situation is the reason our exchange listing strategy needs some adjustment. We already have two Tier-1 exchanges ready for listing.

But here is our honest concern: if the price begins to move aggressively while a large amount of LF liquidity is still controlled on the BitMart side, that liquidity could be used against the interest of the community. We will not allow our genuine, loyal holders to suffer from sudden external selling pressure created by others.

Yes — our team is willing to compromise our own allocation and provide liquidity for listings immediately. But if we rush in without protecting holders first, someone else could exploit the situation before our loyal holders ever get their fair chance. We refuse to let that happen.

So we are choosing a middle path. A smarter, safer path.

Our goal is simple: protect the holders who held

Our purpose right now is clear — protect LF holders, stop any unfair movement, secure liquidity properly, and move toward listings in a way that benefits the community for the long term.

Important

For now, we are asking all LF holders to move their LF from other exchanges and keep it safe inside Lovely Legends. This protects you, reduces external risk, and lets us prepare the next steps in a controlled, holder-first way. The safest home for your LF, right now, is Lovely Legends.

The reward for holding: the LF Wallet Token

Now, the question every loyal holder is asking — what is the benefit of holding for the long term? Here is our answer. For every LF holder who held, who is still holding, and who will continue to hold, we are launching the LF Wallet Token, and its distribution will be based on your LF holding. The more you have believed in LF, the more you receive.

Your LF Wallet Token allocation will be a minimum of 5x the value of your LF holding. If you hold $10 of LF, your allocation will be at least $50 in LF Wallet Token — and the final ratio may be higher. This is our way of saying thank you to the people who never let go.

Note

The 5x figure is the minimum we have committed to. The exact final ratio has not been announced yet and will be confirmed officially in the LF Labs channel before distribution.

And most importantly, this will be done with 100% transparency. At the starting stage, only LF token holders' share will be provided. There will be no team allocation, no development allocation, and no marketing allocation released first. This is a holder-first approach, in the truest sense. Holders come before everyone — including us.

After that, we will list the LF Wallet Token on top-tier exchanges, one by one — two Tier-1 exchanges are already prepared — so our loyal holders get a fair and real opportunity.

How to secure your LF Wallet Token allocation

To receive your LF Wallet Token allocation, your LF must be held inside Lovely Legends and your X account must be connected. There are three steps.

  1. Hold your LF inside Lovely Legends

    Only LF held on the Lovely Legends platform counts toward your LF Wallet Token allocation. LF sitting on another exchange does not qualify.

  2. Deposit your LF to Lovely Legends

    If your LF is on another exchange, withdraw it and deposit it into Lovely Legends to qualify. Open the app at https://t.me/LovelyLegends_bot and use the deposit screen to get your address for the network you are sending on.

  3. Connect your X (Twitter) account

    Connecting your X account is mandatory for allocation. You can connect it from the Earn section of the app.

Warning

To keep our ecosystem healthy and fair, there will be a penalty system, similar to how the Ethereum network penalises validators who act against the network. If anyone spams across X or Telegram to harm the reputation of LF Labs or the LF Wallet Token, their allocation can be penalised. We are building this for the community — and we will protect it for the community.

We are not stopping. We are moving smarter.

Instead of rushing into a risky situation, we are choosing the wiser path: protect LF, reward LF holders, reduce external risk, build more utility, and open a new opportunity through the LF Wallet Token.

We are not stopping. We are not stepping back. We are simply moving smarter.

To every LF holder — your patience, your support, and your trust mean everything to us right now. We are fighting for the project, for the community, and for the long-term future of LF. This situation is serious, but we are turning it into a stronger opportunity for the people who stood by us.

You stood with us. Now our next step is being built for you.

— The LF Labs & Lovely Legends Team

Frequently asked questions

What is the LF Wallet Token?

The LF Wallet Token is a new token from LF Labs, distributed to loyal LF holders based on their LF holding. It is a holder-first reward for the community that has supported LF.

How much LF Wallet Token will I receive?

Your allocation will be a minimum of 5x the value of your LF holding — so $10 of LF earns at least $50 in LF Wallet Token. The final ratio may be higher and will be announced officially.

How do I qualify for the LF Wallet Token allocation?

Hold your LF inside Lovely Legends, deposit your LF to the platform (move it from other exchanges if needed), and connect your X account, which is mandatory.

Why should I move my LF to Lovely Legends?

To keep your LF safe, reduce external risk during the current situation, and qualify for your LF Wallet Token allocation. Lovely Legends is the safest home for your LF right now.

What is happening with BitMart?

There is a serious situation affecting LF liquidity connected to BitMart, which the team is addressing directly and through the appropriate legal channels under UAE jurisdiction. The team's priority is protecting LF holders and moving toward new Tier-1 exchange listings safely.

Is there a team or marketing allocation for the LF Wallet Token?

No. At the starting stage, only LF holders' share is provided — there is no team, development, or marketing allocation released first. It is holder-first.

When will the LF Wallet Token be distributed?

A distribution date has not been announced yet. The LF Wallet Token has not launched, and the final allocation ratio and timing will be confirmed in an official announcement from LF Labs.

Where can I learn more or get help?

Visit https://lflabs.fund/LovelyLegends, open the app at https://t.me/LovelyLegends_bot, or join the community at https://t.me/LF_Labs.

Still need help?

Nobody from Lovely Legends will ever ask for your seed phrase, password or login code, and support never messages you first.

Still need help?Contact support