WLFI investors nod 6-month token lock-up rule in governance tweak
WLFI token holders must stake their tokens for at least 180 days to retain voting privileges under the recently passed proposal.
World Liberty Financial (WLFI) holders who want a chance to steer the protocol’s future will now need to lock up their tokens for nearly six months under a newly passed proposal.
The proposal from the Trump family-backed crypto venture closed on Friday with 99.12% of 1,800 votes cast in favor, according to the snapshot governance vote. Over 76% of the tokens came from ten users.
WLFI said the proposal was to ensure only those with “long-term alignment to the protocol” can make decisions on the protocol.