A whopping 99.94% of voters supported this thrilling shift in a September governance referendum. Fulfilling expectations This decision now unblocks presale tokens for both peer-to-peer transfers and exchange listings. The WLFI token was published last fall in order to serve as the governance token for a closed network. It’s got major support from – well, President Donald Trump.
This change gives holder’s tremendous power over emissions policy, treasury distribution, and ecosystem rewards. More than 20,900 votes were submitted in the governance ballot. The full team agreed to a phased release of all team presale allocations—allowing for some vote-based unlock, but not a full unlock.
Token Allocation and Vesting
The circulating supply of World Liberty Financial (WLFI) is currently 100 billion tokens. During the presale round, we sold 20 billion tokens at $0.015/token. We had raised a bit more than 5 billion tokens at a $0.05 price point.
Founder, team, and advisor allocations at 25 billion tokens will stay on a one and a half year long vesting schedule. This measure aims to prevent market flooding.
A second vote will determine the release schedule for unlocking the remainder of the WLFI tokens. These tokens have already been sold during the presale rounds. We will be doing a rolling presale allocation release in phases. This new plan will only affect the 20 billion tokens sold at $0.015 and the 5 billion sold at $0.05.
Phased Release Strategy
The World Liberty Financial team has decided to do this in a phased release, with presale allocations of WLFI tokens going to presale participants in regular waves. This method guarantees a safe, measured introduction into the public market.
The strategy is intended to reduce expected volatility and encourage long-term value for the token. By allowing tax normalization for these tokens, this decision is a sign of encouraging responsible token management and investor protection.
Extended Vesting for Insiders
To help further stabilize the market, we’ve added a long vesting schedule. This impacts the WLFI tokens’ founder, team and advisor portion of shares. This ruling stops a massive wave of tokens from insiders.
This longer vesting period helps ensure that the interests of the core team are aligned with the long-term success of the project. The move shows the confidence the developers and community have in the future value and utilization of the WLFI token.
