TechFlow reports that Worldcoin will terminate agreements with five market makers on December 15. Previously, these market makers collectively received 100 million WLD tokens as loans. Under current agreement terms, on December 15, the market makers will be required to return 75 million WLD. As a result, the circulating supply of WLD may decrease by up to 75 million tokens on December 15, depending on how many tokens the market makers choose to return directly to World Assets Ltd instead of purchasing.
In addition, World Assets Ltd. is finalizing new loan agreements with these five market makers, which will take effect on December 16. Under the new agreements, the total loan amount will be significantly reduced to 10 million WLD, with a term of six months. Consequently, the circulating supply of WLD will increase by 10 million tokens on December 16. After six months, each market maker must fully repay their loan. Under these new agreements, they are not permitted to purchase any WLD from World Assets Ltd. Overall, the net impact on WLD's circulating supply depends on how many tokens the market makers choose to purchase on December 15.
