World Liberty Financial is set to lock down governance power, requiring token holders to stake their WLFI for six months before being able to vote on the future of the protocol.
A new proposal would require unlocked WLFI token holders to stake for at least 180 days to vote, while creating “Node” and “Super Node” tiers that would grant high stakers access to subsidized 1:1 conversions in its stablecoin USD1 and direct partnership discussions with the team.
Under this framework, holders who stake at least 10 million WLFI, or about $1 million at current prices, would be considered “nodes,” having access to over-the-counter stablecoin conversion channels facilitated by licensed market makers. World Liberty Financial said it would subsidize these market makers to maintain parity, passing on arbitrage opportunities that previously generated 10 to 15 basis points per cycle to eligible investors.
Participants who stake 50 million WLFI, or approximately $5 million, would qualify as “supernodes,” enjoying guaranteed access to the team for partnership discussions and potential eligibility for additional economic incentives, subject to commercial agreements.
Stakeholders would earn an annual reward estimated at 2% in the WLFI, funded by project cash and conditional on their participation in governance votes. The proposal comes as the circulating supply of USD1 has reached approximately $4.7 billion, making it one of the largest stablecoins on the market.
The date of the vote has not yet been set.
