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The proposal to unlock 62.2 billion WLFI tokens from WorldLibertyFi after two years has been overwhelmingly approved
Odaily Planet Daily News: The governance proposal to unlock 62.2 billion WLFI tokens for WorldLibertyFi has been overwhelmingly approved.
Previous news: World Liberty Financial initiated a governance proposal vote to unlock tokens, involving 62,282,252,205 locked WLFI tokens. According to the proposal, if approved, the related tokens will not enter the market for at least two years.
The proposal shows that the founding team, advisors, and partners holding up to 45.2 billion WLFI will be converted to 2-year lock-up plus 3-year linear unlock, along with the destruction of up to approximately 4.5 billion tokens; early supporters holding about 17 billion locked tokens are planned to be converted to 2-year lock-up plus 2-year linear unlock. The voting period for this proposal is 7 days, with a quorum of 1 billion WLFI tokens.