WLFI Falls 15% as Community Debates Massive Token Lock Plan
The plan would place early investor and insider holdings under a two-year lockup followed by a gradual release over two to three years. Despite receiving about 99.95% support and surpassing quorum, the proposal has drawn a lot of criticism over its structure, timing, and voting mechanics. World Liberty Token Tumbles The native token of Trump-family-linked World Liberty Financial (WLFI) dropped by about , as a governance proposal caused intense debate in the community. The proposal officially went live for voting after being introduced on April 15. It aims to place more than 62 billion held by early investors and insiders under a strict multiyear vesting schedule. If approved, these tokens could be locked for an initial two-year period before being gradually released over an additional two to three years. Despite the scale and implications of , early voting results show overwhelming support. At press time, approximately 99.95% of participating votes favor the measure, with the quorum requirement of 1 billion tokens already surpassed. Around 6 billion tokens have been cast in support, compared to just 3.2 million opposing votes. World Liberty Financial the proposal as one of the biggest governance decisions in its history, as none of the locked tokens would enter circulation for at