Overview
- World Liberty Financial’s ballot, which opened Wednesday, shows roughly 99.5% approval and has already cleared the 1 billion WLFI quorum.
- The proposal would keep about 62.3 billion tokens under strict schedules that pause any release for two years, then vest insider allocations over three years and early‑supporter allocations over two years, with roughly 4.5 billion tokens set for a burn.
- WLFI fell to new lows near $0.06 after voting began as traders priced in future supply and thin liquidity, with data showing a burst of large transfers during the selloff.
- On‑chain tallies are dominated by a few wallets, with the largest near 13% and the top four around 40% of voting power, and the ballot warns that holders who do not accept the new terms risk indefinite lockups.
- Pressure is building from outside the vote, including Justin Sun’s lawsuit over alleged token freezes, public criticism from Sen. Elizabeth Warren over reported links to later‑sanctioned individuals, and earlier reports that WLFI collateral backed about $75 million in loans on Dolomite.