Trump-backed World Liberty Financial races toward 62 billion token unlock with near-unanimous vote

Trump-backed World Liberty Financial races toward 62 billion token unlock with near-unanimous vote

Proposal introduces vesting for 40.7 billion insider tokens after 2-year cliff, even as voting power remains concentrated among a handful of large holders

Apr 30, 2026, 7:49 a.m. 1 min read

Make preferred on

World Liberty Financial’s proposal to unlock 62 billion WLFI tokens is already set to pass, with early votes blowing past quorum and delivering near-unanimous support.

Under the plan, founders, team members, and partners would burn 10% of their holdings, roughly 4.5 billion WLFI, to begin unlocking the remaining 40.7 billion tokens over a five-year schedule following a two-year cliff.

No tokens would reach the market for at least two years due to cliff periods. The shift marks a structural change in how WLFI is valued, replacing open-ended lockups with predictable future supply and creating a clearer exit path for holders who previously had none.

This move seems to have near-unanimous support, with 99.5% voting in favor.

The vote also highlights the structure of WLFI’s governance.

Participation levels align with prior proposals, suggesting that a relatively small group of large holders can push through major tokenomic changes with limited opposition.

Voting power is heavily concentrated among a small group of large holders. The largest wallet alone accounts for nearly 13% of votes cast, and the top four together control roughly 40% of total voting power so far, enough to heavily influence the outcome on their own.

WLFI also faces a lawsuit from Tron founder Justin Sun, who alleges the project froze his tokens and stripped his governance rights, claims the company has denied.

More For You

Shiba inu, the dog breed that inspired dogecoin, now accepted among donations to Ukraine. (Getty Images)

Open interest in DOGE-tracked futures climbed to 15.36 billion tokens, a sign that traders are adding fresh leverage as the memecoin’s price surges.

What to know:

  • Dogecoin has jumped nearly 10% to about 10.5 cents as futures open interest climbs to its highest level this year;.
  • Rising prices alongside surging futures open interest suggest new money is flowing into DOGE rather than old positions being unwound.
  • Analysts cite large holder accumulation, new institutional products, improving fund…

Read full story

Read More
Sam Reynolds

Latest

Karsh Kale: ‘I Had All But Stopped Making Music’

Music After nearly a decade without a solo album,...

Philipp Jung, Co-Founder of Get Physical and M.A.N.D.Y., Has Died

Music Philipp Jung, the German DJ and producer behind...

Newsletter

Don't miss

Karsh Kale: ‘I Had All But Stopped Making Music’

Music After nearly a decade without a solo album,...

Philipp Jung, Co-Founder of Get Physical and M.A.N.D.Y., Has Died

Music Philipp Jung, the German DJ and producer behind...

Breitbart Business Digest: Stacking Those $250 Trump Bills

Weekly Wrap: Making It Rain with Trump Bills Welcome back to Friday! This is the Breitbart Business Digest weekly wrap, our septidialogic sweep through the economic and financial news. This week the economy failed to get indigestion from the high price of gas, Treasury Secretary Scott Bessent told us about getting fed at the Fed, Trump

Business seminar in Munich highlights Hong Kong’s strategic roles amidst global shifts (with photos)

Business seminar in Munich highlights Hong Kong's strategic roles amidst global shifts (with photos) ******************************************************************************************      The Hong Kong Economic and Trade Office, Berlin (HKETO Berlin), promoted Hong Kong's unique advantages and strategic roles at the seminar "Hong Kong's strategic role amidst geopolitical tensions" on June 18 (Munich time) in Munich, Germany.             Senior executives, investors

AI for business services: From job fears to productivity

AI for business services: From job fears to productivity