World Liberty Financial proposes a governance vote to unlock 62.28 billion WLFI tokens with a 2-year market cooldown. Founders and partners holding 45.2 billion WLFI will face a 2-year lock-up followed by a 3-year linear unlock, while 4.5 billion tokens will be burned. Early supporters’ 17 billion tokens will transition to a 2-year lock-up followed by a 2-year unlock. The 7-day vote requires a quorum of 1 billion WLFI. Altcoins to watch may react as the Fear & Greed Index remains volatile.
Odaily Planet Daily reports that World Liberty Financial has initiated a governance proposal vote regarding the unlocking of 62,282,252,205 locked WLFI tokens. According to the proposal, if approved, the associated tokens will not enter the market for at least two years.
The proposal indicates that up to 45.2 billion WLFI held by the founding team, advisors, and partners will be converted to a 2-year lock-up followed by a 3-year linear vesting, alongside the destruction of up to approximately 4.5 billion tokens; approximately 17 billion locked tokens held by early supporters are proposed to be converted to a 2-year lock-up followed by a 2-year linear vesting. The voting period for this proposal is 7 days, with a quorum threshold of 1 billion WLFI.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
This detailed match analysis covers key moments, player performances, and tactical insights.