WLFI pushes governance alignment
A DeFi community account, WLFI, proposed a governance framework stressing stronger alignment between token holders and protocol decision‑makers, posting the plan and getting heavy engagement. The proposal thread lays out governance mechanics and attracted wide visibility on social channels over the last 48 hours. (x.com)
World Liberty Financial has posted a new plan to lock up 62.28 billion WLFI tokens for years and tie the terms to a governance vote. (cointelegraph.com) The proposal, posted Wednesday, would put early supporters on a two-year cliff and a two-year linear vesting schedule. Founder, team, adviser and partner allocations would face a two-year cliff and a three-year linear vest if they opt in. (cointelegraph.com) The plan also includes a burn of up to 4.52 billion WLFI tokens, equal to 10% of founder, team, adviser and partner allocations. Holders who do not accept the new vesting terms would remain locked indefinitely under the proposal. (cointelegraph.com) In decentralized finance, governance tokens are supposed to work like shareholder ballots for onchain projects: holders propose changes, debate them, and vote. World Liberty Financial’s own documentation says WLFI exists only for governance and that voting power rises with the amount of WLFI a participant holds. (docs.worldlibertyfinancial.com) World Liberty Financial says its process runs in stages: proposals are discussed on a public forum, then screened by World Liberty Financial LLC, then sent to Snapshot for an offchain vote with no gas fee. The company’s docs also say it can block proposals that create what it calls legal, contractual, or security risk, and that those eligibility decisions are final. (docs.worldlibertyfinancial.com) That structure has been under pressure for weeks. On February 26, CoinDesk reported that World Liberty Financial proposed tying voting rights to staking, and on March 16 it reported token holders approved a three-tier staking system with top-tier benefits for wallets locking up as much as $5 million in WLFI. (coindesk.com 1) (coindesk.com 2) The latest proposal arrived after a separate dispute over liquidity and treasury activity. Cointelegraph reported that on April 10 the project said it would introduce the plan after some holders threatened legal action over prolonged lockups and limited liquidity. (cointelegraph.com) Justin Sun, the Tron founder and a major outside backer, attacked the plan on Wednesday. The Block reported that Sun called it “one of the most absurd governance scams” he had seen, while World Liberty Financial has said the new terms are meant to align participants for the long run. (theblock.co) (cointelegraph.com) World Liberty Financial’s public materials still describe WLFI as a token for shaping the protocol’s direction, not for use outside governance. The new vote turns that idea into a test of who gets liquidity, who gets a longer lock, and who stays frozen. (docs.worldlibertyfinancial.com)
