Svmuu reports that World Liberty Financial has initiated a token unlocking governance proposal vote, involving 62,282,252,205 locked WLFI tokens. According to the proposal, if passed, the relevant tokens will not enter the market for at least two years.
The proposal indicates that up to 45.2 billion WLFI held by the founding team, advisors, and partners will be subject to a 2-year lock-up followed by a 3-year linear unlock, along with a maximum burn of approximately 4.5 billion tokens. Meanwhile, approximately 17 billion locked tokens held by early supporters are proposed to be converted to a 2-year lock-up followed by a 2-year linear unlock. The voting period for this proposal is 7 days, with a quorum threshold of 1 billion WLFI.