WLFI Proposes Token Staking Mechanism to Strengthen Governance
World Liberty Financial (WLFI), a crypto venture backed by the Trump family, has submitted a proposal to revamp its governance structure. At the heart of the proposal is a token staking mechanism that ties voting rights to the length of time tokens are locked.
The minimum lock-up period for WLFI tokens would be 180 days, allowing participants with long-term commitments to have greater influence in governance decisions. This move aims to reduce the power held by short-term holders and promote more sustained engagement from investors.
Under the proposed system, stakers who vote in at least two governance decisions during the lock-up period would receive a 2% annual percentage rate as an incentive.