- 62.3 billion WLFI tokens included in unlock proposal
- 4.5 billion tokens to be burned from insider allocation
- 40.7 billion tokens to begin vesting after being locked indefinitely
- $75 million loan taken using 5B WLFI tokens as collateral
- Token price dropped 12% after report and trades near $0.079
Proposal Details and Vesting Structure: The Trump family-backed World Liberty Financial (WLFI) has proposed unlocking approximately 62.3 billion governance tokens. The proposal includes a restructuring of tokens that were originally issued with no transferability and indefinite lock periods. Under the plan, early supporters holding 17 billion WLFI tokens would receive a two-year cliff followed by a two-year linear vesting schedule, with no reduction in token allocation.
Founders, team members, advisors, and partners holding 45.2 billion tokens would be subject to a two-year cliff and a three-year vesting period. As part of the proposal, 10% of this allocation, approximately 4.5 billion tokens, would be permanently removed from supply through a burn mechanism. Following the burn, approximately 40.7 billion tokens would begin vesting, providing a defined path to liquidity for tokens that were previously locked indefinitely. Holders who do not accept the new vesting terms will retain their tokens in a locked state indefinitely while maintaining governance voting rights.
Voting, Participation, and Governance
WLFI stated that its previous six governance votes included participation data, with the most active vote related to making the token tradeable reaching 11.1 billion WLFI in voting power.
The quorum requirement for the current proposal is set at 1 billion tokens, with a simple majority needed for approval. At this threshold, the proposal could pass with participation from a portion of the founders and team allocation alone. Voting on the proposal is scheduled to run for a seven-day period.
Recent Events and Market Context
The proposal follows recent developments involving WLFI. On April 9, it was reported that the project deposited 5 billion WLFI tokens into the lending platform Dolomite and borrowed $75 million in stablecoins. Part of the borrowed funds was routed to Coinbase Prime.
Following the report, the WLFI token declined by 12% to a record low the next day. Tron founder Justin Sun publicly criticized the project, after which WLFI indicated potential legal action. As of Tuesday, the token was trading near $0.079, representing a decline of approximately 48% from the average price at which WLFI’s treasury conducted $65.6 million in open-market buybacks over the previous six months.
According to CoinMarketCap data, the asset’s price declined from $0.3108 on September 1, 2025, to $0.08021 as of April 15, 2026. Market capitalization dropped from $7.666 billion to $2.546 billion over the same period. The 24-hour trading volume also saw a steep fall from $3.87 billion to $138.54 million. This sharp contraction across price, market cap, and volume highlights reduced market activity.
