Guavy Logo
Guavy AI Editorial TeamSentiment: 2.8Clout: 45

WLFI Introduces Governance Staking System with 180-Day Lockup Period

Advertisement

World Liberty Financial (WLFI), a cryptocurrency project backed by President Donald Trump's family, has introduced a governance staking system to ensure that token holders with long-term commitment to the protocol have a say in its direction. The new rule requires participants to lock up their tokens for 180 days to participate in protocol voting.

The proposal received overwhelming support from WLFI holders, with 99.12% of 1,800 votes cast in favor. However, it's worth noting that more than 76% of the voting power came from just ten users.

Under the new system, participants who stake their tokens and vote at least twice during the lock period can earn a roughly 2% annual yield. Additionally, holders whose tokens are already locked remain eligible to vote without additional staking requirements.