Svmuu reported that WorldLibertyFi’s governance proposal to unlock 62.2 billion WLFI tokens has passed overwhelmingly.
Previous message: World Liberty Financial initiated a governance proposal vote for token unlocking, 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 lockup followed by a 3-year linear unlock, accompanied by the destruction of up to approximately 4.5 billion tokens. The approximately 17 billion locked tokens held by early supporters are proposed to be converted to a 2-year lockup followed by a 2-year linear unlock. The voting period for this proposal is 7 days, with a quorum threshold of 1 billion WLFI.