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WLFI Proposes Major Token Lock and Burn to Align Long-Term Incentives
WLFI Proposes Major Token Lock and Burn to Align Long-Term Incentives
BTCCSquare news:
World Liberty Financial (WLFI), a DeFi protocol with ties to the Trump family, has unveiled a governance proposal to lock 62.2 billion tokens and burn 4.5 billion from circulation. The move targets insider and early backer allocations, imposing a two-year cliff followed by three-year linear vesting for 45.2 billion WLFI tokens held by founders, team members, and institutional partners.
Participants opting into the plan face a mandatory 10% token burn, potentially destroying 4.5 billion WLFI—4.5% of the total supply. Early supporters, holding roughly 17 billion tokens, will see a two-year lockup with no burn mechanism. The proposal aims to reduce circulating supply while fostering long-term stakeholder commitment.
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