World Liberty Financial has initiated a token unlock proposal vote
According to the official governance page, the cryptocurrency project World Liberty Financial (WLFI), supported by the Trump family, has initiated a token unlock proposal vote. This proposal involves approximately 62.28 billion WLFI tokens, including about 17.04 billion tokens locked for early supporters and about 45.24 billion tokens locked for the founding team, advisors, and partners. The early supporter tokens will have a two-year lock-up period followed by two years of linear release.
If the tokens from the founding team and others choose to accept the new proposal, 10% (approximately 4.52 billion) will be permanently destroyed, and the remaining 90% will have a two-year lock-up period followed by three years of linear release. Holders who do not accept the new proposal will continue to be locked indefinitely but can still participate in governance. The voting period will last for 7 days, requiring a quorum of 1 billion WLFI tokens.
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