I just noticed that World Liberty Financial has been running into quite a lot of trouble with the WLFI holder community. The project has just announced a new governance plan that’s quite interesting—they want to lock 62.28 billion WLFI tokens according to a gradual release schedule over several years.

Specifically, early investors will have to endure a 2-year lock, and then the tokens will be released linearly over another 2 years. As for the founders, the team, advisors, and partners, this plan requires a 2-year lock and a 3-year release. This creates a more tightly controlled release schedule rather than releasing everything at once.

But what’s interesting is that WLFI also proposes burning tokens. They could burn up to 4.52 billion tokens, equivalent to 10% of the allocation for internal groups. This move is intended to address the community’s concerns about token dilution when the amounts that were locked begin to be released.

This plan is not entirely surprising. In April, WLFI announced that it would make a governance proposal after some holders threatened to sue due to concerns about a long lock-up period and a lack of liquidity. However, the bigger issue is governance—whether ordinary holders truly have a say in the platform’s decisions.

This tension escalated when Justin Sun, who invested $30 million into WLFI, openly criticized the project. Sun said that previous votes were controlled by a small number of wallets, while the rest of the community had no real participation. In response, WLFI threatened to sue Sun.

Even more concerning is the issue of token control. Last week, WLFI hit an all-time low. Just a few days earlier, wallets related to the project used billions of tokens as collateral to borrow around $75 million in stablecoins. Sun warned that this level of control could freeze the tokens, and he recommended that WLFI publicly disclose who actually owns these important wallets.

Overall, WLFI’s lock-up and token burn plan is an effort to ease pressure from the community, but it also highlights deeper questions about governance and control within the project. Anyone holding WLFI may need to pay close attention to how this develops.