What to know:
- World Liberty Financial, a Trump family-backed crypto venture, has proposed unlocking 62.3 billion WLFI governance tokens that were previously locked without a vesting schedule.
- Under the plan, early supporters holding 17 billion WLFI would keep all their tokens, which would be subject to a two-year cliff followed by a two-year linear vesting period.
- Founders, team members, advisors and partners would see 10 percent of their 45.2 billion WLFI allocation burned while the remaining 40.7 billion tokens begin unlocking over five years after a two-year cliff.
World Liberty Financial, a venture supported by the Trump family, recently suggested releasing 62.3 billion of its WLFI tokens. This proposal comes just days after CoinDesk revealed the company had used 5 billion of its own tokens as collateral to borrow $75 million in stablecoins through the Dolomite lending platform.
The plan divides the existing token supply into two categories. Those who supported the project early, holding 17 billion WLFI tokens, would have their tokens unlocked gradually over four years. They would receive no tokens for the first two years (the “cliff”), and then receive the remaining tokens evenly over the following two years, retaining all of their original tokens.
People involved with the project – including founders, team members, advisors, and partners – who collectively hold 45.2 billion WLFI tokens would have a vesting schedule of 2 years with a cliff, meaning they’d receive tokens over 3 years. However, about 4.5 billion tokens – 10% of their total allocation – would be permanently destroyed immediately after approval. This ‘burn’ permanently reduces the total number of tokens in circulation.
Essentially, this deal involves insiders giving up 4.5 billion tokens to start releasing 40.7 billion tokens that were previously locked forever. These 40.7 billion tokens had no way to be sold or used before this agreement.
Income ETFs could be bitcoin’s volatility kill switch
1 hour ago
Bitcoin pulls back as $75,000 remains ‘both the milestone and the ceiling’
1 hour ago
The 100% debt trap: Why the IMF’s latest warning is a massive long-term signal for bitcoin
2 hours ago
A new class of crypto treasury companies is forming around Strategy’s high-yield stock
3 hours ago
Why this ex-Solana exec is using a Wall Street trick to level the playing field in DeFi
3 hours ago
EToro to acquire crypto wallet Zengo in $70 million deal
3 hours ago
Bitcoin developers are trying to build quantum defenses. Your coins could pay the price.
6 hours ago
The next Fed chair has crypto exposure in his portfolio. Here are the details
17 hours ago
Ether-bitcoin ratio bounces from 2026 lows, signaling broader crypto recovery
8 hours ago
Ethereum treasury firm Bitmine reports $3.8 billion Q1 loss in latest filing
6 hours ago
Read More
- Top 5 Best New Mobile Games to play in May 2026
- Yummy Tteokbokki ASMR redeem codes and how to use them (May 2026)
- Supercell’s “neo mo.co” update set for the Summer of 2026 and this might save the game
- Honor of Kings x Attack on Titan Collab Skins: All Skins, Price, and Availability
- The SATISFY x adidas Adizero Adios Pro 4 Debuts in Three Earthy Colorways
- FC Mobile 26 TOTS (Team of the Season) event Guide and Tips
- These Cartoon Reboots Totally Missed the Point of the Originals (& Went Downhill Fast)
- Honkai: Star Rail Silver Wolf Lv. 999 Build Guide: Best Relics, Light Cone, Team Comps, and more
- Zenless Zone Zero version 2.8 ‘New: Eridan Sunset’ update will release on May 6, 2026
- Clash of Clans May 2026: List of Weekly Events, Challenges, and Rewards
2026-04-15 15:47