WLFI Proposal for 62B Token Vesting in Vote
A governance proposal at World Liberty Financial, a decentralized finance project associated with the Trump family, opened for community voting on Wednesday, seeking to impose multiyear vesting schedules on more than 62 billion WLFI tokens held by early investors and insiders. The vote, running through May 7, requires a quorum of 1 billion tokens and has already surpassed that threshold, with early results showing approximately 99.95 percent support: about 6 billion tokens in favor against 3.2 million opposed.
The proposal targets 62,282,252,205 WLFI tokens, introducing a two-year cliff period during which none would enter circulation. Early investors would then face a two-year linear vesting, while founders, team members, advisors, and partners would undergo a three-year linear vesting. World Liberty Financial stated the measure aims to replace indefinite locks with predictable schedules, ensuring tokens remain with holders committed to the project's long-term success. If approved, roughly 10 percent of certain allocations, or about 4.5 billion tokens, could be permanently burned. Token holders who do not vote or opt into the terms risk indefinite lockup of their holdings.