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WLFI Community votes to approve the "Early Supporters and Founding Team Token Unlock Plan" proposal
ME News announcement: On May 7 (UTC+8), the WLFI community vote approved the proposal titled “Early Supporters and Founding Team Token Unlock Plan,” with an approval rate of 99.9%. The proposal includes approximately 17 billion WLFI held by early supporters, to be unlocked over 2 years with a cliff unlock + 2 years of linear unlock (4 years in total); approximately 45.2 billion WLFI held by the founding team, advisors, and partners can choose a 2-year cliff unlock + 3 years of linear unlock (5 years in total), and may voluntarily permanently burn 10% of their holdings. Tokens that do not actively accept the new plan will remain permanently locked, but they retain the right to participate in governance. (Source: ChainCatcher)