Highlights:
- WLFI token trading proposal launched to expand access beyond closed network.
- Founders and insiders face extended unlock schedule if proposal passes.
- Voting allows community to shape the next phase of WLFI token’s future.
World Liberty Financial, backed by former President Donald Trump and family, announced a major governance proposal for its WLFI token. The proposal, launched on July 4, seeks community approval to enable open-market trading of WLFI. The move aims to transition the token from private distribution to broader public access.
WLFI Trading Proposal Goes Live
The proposal allows holders to vote on whether WLFI becomes tradable across secondary markets and peer-to-peer platforms. This step marks a shift from a closed ecosystem to one with public token liquidity. The proposal highlights growing demand among early participants for expanded market exposure.
Voting opened alongside Independence Day celebrations and ties the move to broader symbolic messaging about financial freedom. The team behind WLFI also emphasized that trading will not include all tokens immediately. A second vote will determine unlocking schedules for remaining allocations.
Founders, team members, and advisors will face a longer lock-up period to ensure long-term alignment with the project. Their holdings will remain restricted until a separate community decision sets eligibility and timing. Early supporters will receive partial unlocks if the proposal passes.
Governance Roadmap and Token Supply Structure
The governance model allows WLFI holders to vote on critical decisions like emissions, incentives, and treasury usage. This decentralized framework empowers the community to direct the protocol’s future. A successful vote would mark a significant shift in WLFI’s lifecycle.
World Liberty Financial previously sold 35 billion WLFI tokens for $550 million between October and March. These sales went to verified participants through know-your-customer (KYC) procedures. A portion of these tokens will become tradable, with others subject to new unlock rules.
Notable early buyers include figures like Tron founder Justin Sun, who purchased $75 million worth of WLFI. The protocol remains under development but has launched USD1, a stablecoin now circulating over $2.2 billion. USD1 supports Ethereum, BNB Chain, and Tron networks.
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Source: https://coincu.com/346831-trump-linked-wlfi-proposes-token-tradability/