World Liberty Financial Proposes Governance Restructure Affecting Billions of Tokens

The cryptocurrency project World Liberty Financial (WLFI) has announced a significant governance proposal that aims to restructure its locked token model.

According to the proposal, approximately 62.3 billion $WLFI tokens will be unlocked from their current indefinite lock-up period. This move is expected to have a substantial impact on the project's governance structure.

The plan involves implementing a '2-year lock-up + 3-year vesting' program for advisors, institutions, partners, founders, and team members holding around 45.2 billion locked tokens. Participants in this program will be required to burn 10% of their tokens upon joining, with the permanent burn limited to approximately 4.5 billion tokens.

In addition, early investors holding around 17 billion $WLFI tokens will be subject to a '2-year lock-up + 2-year vesting' plan that does not require token burning. Tokens held by investors who do not accept the new plan will remain locked indefinitely.