World Liberty Financial’s proposal to unlock 62 billion WLFI tokens is already set to pass, with early votes blowing past quorum and delivering near-unanimous support.
Under the plan, founders, team members, and partners would burn 10% of their holdings, roughly 4.5 billion WLFI, to begin unlocking the remaining 40.7 billion tokens over a five-year schedule following a two-year cliff.
No tokens would reach the market for at least two years due to cliff periods. The shift marks a structural change in how WLFI is valued, replacing open-ended lockups with predictable future supply and creating a clearer exit path for holders who previously had none.
This move seems to have near-unanimous support, with 99.5% voting in favor.
The vote also highlights the structure of WLFI’s governance.
Participation levels align with prior proposals, suggesting that a relatively small group of large holders can push through major tokenomic changes with limited opposition.
Voting power is heavily concentrated among a small group of large holders. The largest wallet alone accounts for nearly 13% of votes cast, and the top four together control roughly 40% of total voting power so far, enough to heavily influence the outcome on their own.
WLFI also faces a lawsuit from Tron founder Justin Sun, who alleges the project froze his tokens and stripped his governance rights, claims the company has denied.