Svmuu News WLFI has published a governance proposal on its community forum, soliciting feedback on the long-term unlocking and governance arrangements for locked tokens.
Among the changes, the 17,043,666,558 locked tokens held by early supporters will be adjusted to a 2-year lockup period (cliff) followed by a 2-year linear unlock. The entire allocation will be retained, with no burning involved. Holders who do not opt into the new terms will continue to be locked indefinitely under the original agreement.
Furthermore, the 45,238,585,647 tokens held by advisors, institutions, the team, and partners will be subject to a 2-year lockup period followed by a 3-year linear unlock upon opting in, with a mandatory 10% burn at the time of joining. Overall, this proposal covers approximately 62.2 billion WLFI tokens. If passed, it will strengthen long-term governance constraints and introduce a partial token burn mechanism.
WLFI Releases Governance Proposal: Early Supporter Tokens Subject to 2-Year Lockup + 2-Year Linear Unlock
Source:Odaily · Source Link
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