Gate News message, April 16 — World Liberty Financial has introduced a governance proposal affecting 62.28 billion WLFI tokens, with a plan to permanently burn up to 4.52 billion tokens if eligible holders accept new lockup terms.
The proposal includes two separate token pools with revised vesting schedules. A 45.24 billion token allocation tied to founders, team members, advisors, institutions, and partners would move to a two-year cliff followed by three-year linear vesting, with participating holders accepting a 10% burn (up to 4,523,858,565 WLFI). A separate 17.04 billion token pool for early supporters would move to a two-year cliff and two-year linear vesting with no burn attached. Holders who decline the new terms will remain locked under current conditions indefinitely.
WLFI described the restructuring as a long-term alignment mechanism for governance participants, with all covered tokens committed to governance participation for at least two years if approved. The announcement follows earlier community concerns over the project’s token unlock structure and governance framework, including criticism from Tron founder Justin Sun, who accused WLFI of concealing a blacklist function in its token contract that could freeze or restrict holders without notice.
On the technical front, WLFI was trading near $0.08126, below key resistance levels at $0.08510, $0.08847, and $0.09226. The token continues posting lower highs and lower lows on the daily chart, with support around $0.076 to $0.078. Momentum indicators show weakening bearish pressure, though no clear reversal signal has emerged.
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