World Liberty Financial’s proposal to unlock 62 billion WLFI tokens is already close to passage, with early votes surpassing quorum and providing near-unanimous support.
Under the plan, founders, team members, and partners would burn 10% of their holdings, or approximately 4.5 billion WLFI, to begin unlocking the remaining 40.7 billion tokens on a five-year timeline after a two-year cliff.
No token will hit the market for at least two years due to cliff periods. This change marks a structural shift in how WLFI is valued, replacing open-ended locks with predictable future supply and creating a clearer exit path for holders who previously did not have one.
This decision appears to have almost unanimous support, with 99.5% in favor.
The vote also sheds light on WLFI’s governance structure.
Participation levels align with previous proposals, suggesting that a relatively small group of large holders can impose major symbolic changes with limited opposition.
Voting power is highly concentrated among a small group of large shareholders. The largest portfolio alone accounts for almost 13% of the votes cast, and the top four together so far control about 40% of the total voting power, enough to strongly influence the outcome on their own.
WLFI also faces a lawsuit from Tron founder Justin Sun, who alleges the project froze his tokens and removed his governance rights, which the company has denied.
