World Liberty vote ties rights to token lockups

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World Liberty vote ties rights to token lockups
World Liberty vote ties rights to token lockups
Jon Cuthbert
Written by Jon Cuthbert
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World Liberty Financial has introduced a governance proposal requiring WLFI holders to stake their unlocked tokens for at least 180 days or lose the ability to vote on protocol decisions.

The proposal affects the roughly 20% of investor tokens currently unlocked and tradable, while the remaining 80% of holdings remain locked without a disclosed release schedule.

“Not giving a timeline for unlocks on a project is unusual; these numbers are often defined upfront during the token launch,”

Said Generative Ventures managing partner, Lex Sokolin.

Early voting data shows more than 99% of participating token holders support the proposal, although only about 1% of the roughly 100 billion token supply has cast votes so far.

Under the plan, holders who stake tokens would receive about a 2% annual yield paid in WLFI tokens, with the rate adjustable by the project team.

Critics argue the rule could create a two-tier governance structure by offering special access to the team for holders staking at least 50 million WLFI tokens.

Supporters say the policy encourages long-term participation in the ecosystem as the project develops infrastructure including lending markets and potential institutional services.

At the time of reporting, World Liberty Financial price was $0.09786.

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