The WLFI governance staking proposal has garnered significant backing, with 99.31% support as of March 8. The proposal, which opened for voting on the same day, will close on March 13. It mandates staking for governance voting with unlocked WLFI tokens, requiring a minimum lock-up period of 180 days.
The proposal introduces a tiered node structure, offering ordinary stakers an annualized reward of approximately 2%. Users staking 10 million WLFI (around $1 million) can become nodes with 1:1 exchange rights for stablecoins like USDT and USDC. Those staking 50 million WLFI (about $5 million) can become super nodes, gaining direct collaboration opportunities with the WLFI team. A quorum of 1 billion WLFI voting tokens is needed for the proposal's validity, with implementation planned in three phases if approved.
WLFI Governance Staking Proposal Gains 99.31% Support
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