WLFI's "Governance Staking System Proposal" is now open for voting, deadline is March 13.
Foresight News reported, citing Bloomberg, that the "Governance Staking System Proposal" for the Trump family cryptocurrency project World Liberty Financial (WLFI) opened for voting on March 6, with voting to continue until March 13.
This proposal targets unlocked tokens—accounting for about 20% of the total holdings and currently freely tradable. According to the plan, unless holders agree to "stake" these tokens, they will lose their voting rights: that is, voluntarily lock them for at least 180 days in exchange for an annualized yield of 2%, paid in WLFI tokens, with the yield rate adjustable at the team's discretion. Bloomberg noted that this proposal could weaken early investors' voting power in key governance decisions, including when they can access most of their investments.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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