World Liberty Financial Opens Vote to Unlock 62 Billion WLFI Tokens

World Liberty Financial’s WLFI token is moving through a governance process that would change when large portions of the supply can reach circulation, with multiple outlets describing a proposal centered on unlocking roughly 62 billion WLFI tokens.

CoinDesk says the proposal is “on track to pass with 99.5% support and quorum already surpassed,” and it describes a plan in which insiders would burn 10% of their holdings and then begin unlocking 40.7 billion tokens after a two-year cliff.

@coindesk

DiarioBitcoin likewise frames the vote as enabling “the unlocking of 62 billion WLFI tokens under a five-year schedule,” while emphasizing that “there would be no new tokens from that group hitting the market for at least two years.”

Cryptonews.net reports that WLFI “dropped nearly 14%” as the governance proposal “would place over 62 billion $WLFI tokens under new multiyear vesting schedules,” and it says voting runs until May 7.

Several reports also converge on the voting mechanics: The Crypto Times says the vote “runs for seven days” and requires “a 1,000,000,000 WLFI tokens quorum to pass,” while CoinMarketCap says the vote requires “at least 1 billion voting tokens must participate, and a majority must vote in favor.”

Even as the vote proceeds, the sources describe different market reactions and different framing of what the proposal means for holders, including whether it replaces “indefinite lockup” with a “defined vesting schedule.”

Across the coverage, the proposal’s core mechanics are described as a two-year cliff followed by linear vesting, paired with the possibility of burning a portion of insider allocations.

CoinDesk says “founders, team members, and partners would burn 10% of their holdings, roughly 4.5 billion WLFI,” and then unlock “the remaining 40.7 billion tokens over a five-year schedule following a two-year cliff.”

@coindesk

DiarioBitcoin similarly states that the plan would first “burn 10% of their holdings, equivalent to about 4.5 billion WLFI,” and then “begin unlocking the remaining 40.7 billion over a five-year calendar, after a two-year cliff.”

The Block describes the same structure in terms of cohorts, saying the proposal would include “about 45 billion WLFI” for the founding team, advisors, and early partners with “a two-year cliff and a three-year linear vesting schedule,” and “up to 17 billion tokens” for early protocol supporters with “a two-year cliff and two-year vesting schedule.”

WEEX provides additional cohort detail, saying the vote involves “approximately 62.28 billion WLFI tokens,” including “about 17.04 billion tokens locked for early supporters” and “about 45.24 billion tokens locked for the founding team, advisors, and partners.”

WEEX also states that if the founding team and others accept the new proposal, “10% (approximately 4.52 billion) will be permanently destroyed,” while “the remaining 90% will have a two-year lock-up period followed by three years of linear release.”

Multiple sources also stress that the timeline is designed to prevent immediate market supply, with CoinDesk noting “No tokens would reach the market for at least two years due to cliff periods,” and DiarioBitcoin adding “there would be no new tokens from that group hitting the market for at least two years.”

The governance vote is also portrayed as highlighting concentrated voting power and ongoing legal conflict involving Tron founder Justin Sun.

CoinDesk says the vote underscores “WLFI’s concentrated governance,” adding that “the top four wallets controlling about 40% of voting power,” and it reports that the project faces “a lawsuit from Tron founder Justin Sun over allegedly frozen tokens and lost governance rights.”

DiarioBitcoin likewise ties the vote to “the strong concentration of voting power and the open dispute with Justin Sun back under scrutiny,” and it reiterates that the four largest wallets control “about 40% of the voting power.”

Cryptonews.net reports that Tron founder Justin Sun labeled the proposal one of the “most absurd” he’s ever seen, while also describing community criticism and the vote’s near-unanimous support.

The Block adds that the token unlock proposal is meant to replace “the current indefinite token locks with structured vesting schedules,” but it also notes that pre-sale investors argue the two-year cliff is “a bait-and-switch.”

In TradingView’s account, a prominent trader, DeFi^2 (identified as “the number 1 trader on Bybit in 2023 and 2024”), claims the vote is “a rigged vote,” and he says “the majority of the top voters are indicated as team wallets or strategic partner wallets.”

TradingView further quotes DeFi^2 saying “the real voters further down in the screenshot, who have been blocked from accessing their WLFI tokens since TGE and cannot vote on an unlock until the team allows it.”

Together, the sources depict a governance process that is both procedurally successful in votes and contested in how power is distributed and how access works.

As the unlock proposal opened for voting, several outlets described WLFI’s price movement and the nature of criticism from early investors and commentators.

Cryptonews.net says WLFI “dropped nearly 14%” on Wednesday as the proposal went to a community vote, and it reports that “99.95% of votes are in favor of the proposal” at the time of writing, with “6 billion tokens in favor and 3.2 million against.”

Blockonomi

The Block reports that WLFI “falls 13%” and says it was “down nearly 13% at publication time to $0.064, from a price of $0.073 ahead of the governance vote kicking off,” while also stating that “Approximately 25 billion WLFI tokens, out of the total 100 billion supply, were sold in several public presale rounds.”

CoinCentral adds that the proposal would set “new lock-up and vesting terms for 62.3 billion WLFI tokens,” and it quotes the idea that some early investors say the plan “changes expectations after they supported the project.”

The Block also includes direct language from the proposal itself, quoting: “The WLFI governance token has been fully functional as a digital tool to participate in governance since launch and required no further development, but we’re now at an inflection point for the greater WLFI ecosystem,” and it continues with: “This proposal is how to get there.”

It also quotes a critical comment on X: “What’s this 2 year cliff 2 year vesting bullshit? I don’t understand how early investors gotta wait up to 4 years to get their full allocation. Dirty work!”

TradingView’s account similarly portrays accusations that the vote is designed to extract value slowly, quoting DeFi^2’s claim that “the team is forcing a vote to sell WLFI tokens at the expense of blocked holders,” and it adds a revenue-allocation claim: “75% of protocol revenue goes to the Trump family, and 25% goes to the Witkoff family.”

Across these reports, the sources depict a combination of near-unanimous voting outcomes and sharp disagreement over fairness, access, and incentives.

The sources describe the vote as a gateway to a new token-supply schedule, with multiple outlets emphasizing that the proposal would replace indefinite restrictions with a defined vesting framework and that it could include token burns.

CoinDesk says the plan would “shifting WLFI to a more predictable five-year supply schedule,” and it describes the structural change as replacing “open-ended lockups with predictable future supply.”

Blockster

CoinMarketCap frames a related governance mechanism as requiring governance participants to lock WLFI tokens for “a minimum of 180 days to gain voting rights,” and it says stakers who vote in at least two governance decisions during that lock-up period would earn “a 2% annual percentage rate.”

The Block describes the project’s rationale for the vote as providing “clarity on future token supply” and also “addressing low governance participation,” while it quotes the proposal’s language about governance structure: “This proposal establishes a clear, structured vesting framework across all holder cohorts.”

WEEX adds that the voting period “will last for 7 days,” and it states that holders who do not accept the new proposal “will continue to be locked indefinitely but can still participate in governance.”

Cryptonews.net reports that voting runs until May 7 and that the proposal is “one of the most significant governance proposals in $WLFI history,” quoting World Liberty Financial’s X post: “62,282,252,205 locked $WLFI tokens [are] subject to this proposal. None of it touches the market for a minimum of 2 years if passed.”

Meanwhile, CoinAcademy situates the broader timeline by describing a planned token listing and unlock schedule, saying “Le 1er septembre 2025, le token WLFI de World Liberty sera listé” with an “unlock initial de 20 %” and that “les 80 % restants dépendant d’un vote de gouvernance.”

Taken together, the sources portray a near-term governance decision that determines whether large locked allocations move into a structured vesting path, while also leaving open the possibility that non-accepting holders remain under “existing restrictions” or “locked indefinitely.”