World Liberty Financial has launched a governance proposal to vote on the unlocking of 62.3 billion WLFI tokens. If approved, these tokens will remain locked for at least two years. The proposal outlines that up to 45.2 billion WLFI tokens held by the founding team, advisors, and partners will undergo a 2-year lock-up followed by a 3-year linear vesting period. Additionally, approximately 4.5 billion tokens are slated for destruction. Meanwhile, around 17 billion tokens held by early supporters are proposed to be converted to a 2-year lock-up with a subsequent 2-year linear vesting.
The voting period for this proposal is set for 7 days, requiring a quorum of 1 billion WLFI tokens to pass.
World Liberty Financial Proposes Governance Vote on WLFI Token Unlock
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