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5 months ago

World Liberty Financial token holders voted 99.94% in favor of unlocking WLFI tokens for trading

World Liberty Financial token holders voted overwhelmingly (99.94%) to unlock the WLFI governance token for trading, a change from its previous non-transferable status. This means the token, previously only used for voting, can now be bought and sold, potentially increasing its value and liquidity. Only tokens sold to early investors will be unlocked initially, with a separate vote required for the remaining 100 billion tokens. The WLFI team, including founders and advisors, will have a longer lock-up period. It's reported that Donald Trump held 15.75 billion WLFI tokens last year and has made around $390 million from the token sale. His crypto ventures, including WLFI, are estimated to comprise a significant portion ($620 million) of his net worth, drawing criticism and conflict of interest concerns from lawmakers.

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