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

CoinDesk3h agoUpdated 3h ago
Trump-backed World Liberty Financial races toward 62 billion token unlock with near-unanimous vote
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World Liberty Financial's 62-billion WLFI token unlock proposal is poised to pass with 99.5% support, introducing a two-year cliff before vesting 40.7 billion tokens over five years. Insiders will burn 10% of holdings. However, governance remains concentrated among four major wallets controlling 40% of voting power, while the project faces a lawsuit from Tron founder Justin Sun over allegedly frozen tokens.

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