A governance proposal from World Liberty Financial, a decentralized finance project linked to the Trump family, passed with overwhelming support. The vote, which ended recently, unlocked 62.2 billion WLFI tokens for a restructured vesting plan.
Vote Results and Token Details
The “yes” votes reached 99.9%, representing 11.2 billion WLFI. Only 11.2 million WLFI voted against it. The quorum was exceeded by about 11 times. The offer, active from April 29, included 62.28 billion WLFI tokens in a new vesting scheme. Of this, 17.04 billion WLFI came from tokens locked by early backers. Another 45.23 billion WLFI belonged to the founding team, advisors, and business partners.
Token Burn and Lock-Up Period
A notable step involves permanently burning 10% of the tokens from the founding team, advisors, and partners. Roughly 4.52 billion WLFI will be removed from circulation. The remaining 40.7 billion WLFI tokens will be released after a two-year lock-up. That release will happen gradually over a five-year period.
Rationale Behind the Restructuring
World Liberty Financial management explained that the old mechanism suited an investor structure providing long-term commitment at the project’s start. But they argue the ecosystem has matured. They now claim the platform has products, institutional partnerships, on-chain proof-of-reserve, and a more advanced DeFi setup.
Under the new plan, early supporters keep their tokens fully and face a four-year distribution schedule. Only the founding team, advisors, and partners will see their tokens burned. I think this move is meant to signal a shift toward a more open and mature project. Perhaps it’s a way to build trust with the broader community.
This is not investment advice.
