Trump-backed World Liberty Financial races toward 62 billion token unlock with near-unanimous vote

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Trump-backed World Liberty Financial races toward 62 billion token unlock with near-unanimous vote Proposal introduces vesting for 40.7 billion insider tokens after 2-year cliff, even as voting power remains concentrated among a handful of large holders What to know: - World Liberty Financial’s proposal to unlock 62 billion WLFI tokens is on track to pass with 99.5% support and quorum already surpassed. - The plan would see insiders burn 10% of their holdings and begin unlocking 40.7 billion tokens after a two-year cliff, shifting WLFI to a more predictable five-year supply schedule. - The vote underscores WLFI’s concentrated governance, with the top four wallets controlling about 40% of voting power, and comes as the project faces a lawsuit from Tron founder Justin Sun over allegedly frozen tokens and lost governance rights. World Liberty Financial’s proposal to unlock 62 billion WLFI tokens is already set to pass, with early votes blowing past quorum and delivering near-unanimous support. Under the plan, founders, team members, and partners would burn 10% of their holdings, roughly 4.5 billion WLFI, to begin unlocking the remaining 40.7 billion tokens over a five-year schedule following a two-year cliff. No tokens would reach the market for at least two years due to cliff periods. The shift marks a structural change in how WLFI is valued, replacing open-ended lockups with predictable future supply and creating a clearer exit path for holders who previously had none. This move seems to have near-unanimous support, with 99.5% voting in favor. The vote also highlights the structure of WLFI’s governance. Participation levels align with prior proposals, suggesting that a relatively small group of large holders can push through major tokenomic changes with limited opposition. Voting power is heavily concentrated among a small group of large holders. The largest wallet alone accounts for nearly 13% of votes cast, and the top four together control roughly 40% of total voting power so far, enough to heavily influence the outcome on their own. WLFI also faces a lawsuit from Tron founder Justin Sun, who alleges the project froze his tokens and stripped his governance rights, claims the company has denied. More For You Hawkish dissent within the Federal Reserve, elevated oil prices and rising long-term inflation expectations are pushing bond yields higher. What to know: - Rising Treasury yields could suck out capital from bitcoin and other risk assets, analysts said. - Several factors, including the hawkish dissent within the Federal Reserve are pushing bond yields higher.

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