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

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email 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 By Sam Reynolds | Edited by Shaurya Malwa Apr 30, 2026, 7:49 a.m. 1 min read Make preferred on What to know : World Liberty Financial’s proposal to unlock 62 billion WLFI tokens is on track to pass with 99.5% support and quorum already surpassed. The plan would see insiders burn 10% of their holdings and begin unlocking 40.7 billion tokens after a two-year cliff, shifting WLFI to a more predictable five-year supply schedule. The vote underscores WLFI’s concentrated governance, with the top four wallets controlling about 40% of voting power, and comes as the project faces a lawsuit from Tron founder Justin Sun over allegedly frozen tokens and lost governance rights. 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 Ouch. The U.S. 30-year Treasury yield just hit 5% and bitcoin may pay the price By Omkar Godbole 1 hour ago Hawkish dissent within the Federal Reserve, elevated oil prices and rising long-term inflation expectations are pushing bond yields higher. What to know : Rising Treasury yields could suck out capital from bitcoin and other risk assets, analysts said. Several factors, including the hawkish dissent within the Federal Reserve are pushing bond yields higher. Read full story Latest Crypto News Ouch. The U.S. 30-year Treasury yield just hit 5% and bitcoin may pay the price 1 hour ago Bitcoin slides toward $75,000, ETH, SOL, XRP drop as oil hits four-year high 1 hour ago Hyperliquid’s HYPE token could be its prediction market weapon, Arthur Hayes says 2 hours ago Jack Mallers' Twenty One Capital surges after majority holder Tether proposes 3-way merger 9 hours ago Big Tech's multi-billion dollar AI bets are still on track as Mag 7 giants report earnings 10 hours ago Eric Trump says bitcoin in its 'greatest period ever' as Wall Street falls in line 12 hours ago Top Stories Hyperliquid is preparing to take on Polymarket with a new way to trade real-world events 16 hours ago The AI-crypto disconnect: Why Pantera’s CEO thinks institutions are missing the boat on bitcoin 16 hours ago U.S. senator holding cards on Clarity Act's next move says it's ready to get to hearing 13 hours ago Visa expands stablecoin settlement network as volume hits $7 billion run rate 16 hours ago Wall Street is launching the first ever prediction market ETFs for U.S. elections 17 hours ago There's a social media groundswell predicting bitcoin above $90,000. That might be a problem. 22 hours ago