World Liberty Financial Initiates Token Unlock Proposal Vote

World Liberty Financial (WLFI), a cryptocurrency project backed by the Trump family, has commenced voting on a proposal to unlock tokens, according to ChainCatcher. The proposal involves approximately 62.28 billion WLFI tokens, including 17.04 billion tokens locked by early supporters and 45.24 billion tokens held by the founding team, advisors, and partners. Early supporters' tokens will have a two-year lock-up period followed by a two-year linear release. For the founding team and others, if the new proposal is accepted, 10% (about 4.52 billion tokens) will be permanently destroyed, while the remaining 90% will be subject to a two-year lock-up period followed by a three-year linear release. Those who do not accept the new proposal will continue with indefinite lock-up but can still participate in governance. The voting period will last for seven days and requires a quorum of 1 billion WLFI tokens.