Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
So guys, there's some pretty interesting activity happening with WLFI that deserves attention. World Liberty Financial just released a proposal to restructure over 62 billion tokens that have been locked since launch, and this has sparked a flood of criticism within the community.
Basically, the project wants to bring these tokens out of limbo with a structured vesting schedule. We're talking about 62.28 billion WLFI being released starting April 15, 2026, with lock-up periods of 2 to 3 years depending on the holder. There's also a burn of up to 4.5 billion tokens (10% of the allocation for insiders), which would be an interesting deflationary mechanism in theory.
But here's the problem: early supporters get a better deal (cliff of 2 years, then 2 years of linear vesting, without burning). Meanwhile, advisors, founders, and team members face much harsher conditions, with a 2-year lock-up, 3 years of vesting, and that mandatory 10% burn. Basically, trying to align insiders with the project's future, but the community isn't buying this narrative.
The timing of this is pretty suspicious because WLFI has been getting hammered in the market lately. The token traded near record lows, reflecting a mix of skepticism and structural concerns. It's currently around $0.07, down 2.44% in the last 24 hours. Circulation is still small (24.67%), so there's plenty of potential supply coming.
And there's more: recently, it was discovered that the project used billions of WLFI tokens as collateral to borrow stablecoins via the Dolomite protocol. This has become a risk issue related to concentration and liquidity that no one wants to talk about. Justin Sun, founder of Tron, has publicly criticized the project, and the two nearly got into legal disputes.
Critics are having a field day with this. A popular DeFi account on X with 158k followers posted something like: "So early investors will get unlocked tokens when the cartel steps down and WLFI drops 99%." Others called it a "generation crime moment," and some are suggesting class-action lawsuits.
The vote will be on Snapshot, requiring a quorum of 1 billion WLFI. Previous votes exceeded 11 billion in participation, so the quorum should be achievable. Seven days of voting, and if it passes, holders have 10 days to participate or remain locked under the old terms indefinitely.
If anyone wants to follow these developments or contact the community to work with us on these analyses, it's worth paying attention to the outcome of this vote. It promises to be a close race.