PiCK
World Liberty Financial Proposal to Unlock 62 Billion WLFI Tokens Wins 99.5% Support
Summary
- World Liberty Financial’s proposal to unlock 62 billion WLFI tokens won 99.5%% support, making passage increasingly likely.
- The proposal includes a burn of 4.5 billion tokens held by founders, the team and partners, and a plan to unlock 40.7 billion tokens in stages over five years after a two-year cliff.
- CoinDesk said the measure would create a more predictable future supply model and a clearer exit path, bringing a structural change to how WLFI tokens are valued.
A proposal to unlock 62 billion WLFI tokens at World Liberty Financial, the cryptocurrency project tied to US President Donald Trump’s family, is on track to pass.
CoinDesk reported on April 29 that the governance proposal had won 99.5% support as of that day. The vote has already surpassed the quorum needed for approval, making passage of the token-unlock measure highly likely.
Earlier in April, World Liberty Financial published a governance proposal to gradually unlock about 62 billion WLFI tokens that do not have a separate vesting schedule. The plan calls for burning about 4.5 billion tokens held by founders, team members and partners. It also proposes unlocking about 40.7 billion tokens in stages over five years after a two-year cliff.
Because of the cliff period, no tokens would enter the market for at least two years. CoinDesk said the change would replace an indefinite lockup structure with a more predictable future supply model and give token holders a clearer exit path. It added that the move would bring a structural change to how WLFI tokens are valued.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
