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WLFI's new proposal plans to burn up to 4.52 billion tokens, and establish a long-term vesting plan for 62.28 billion locked tokens.
ME News message: On April 15 (UTC+8), the WLFI project team approved a new governance proposal to set a long-term vesting plan for 62.28 billion locked tokens. Under the plan, the founding team will permanently burn up to 45.2 million tokens, while the remaining 90% of tokens will be locked for a period ranging from 2 to 5 years. At the same time, the allocation for early investors will be fully preserved, further clarifying WLFI’s governance path. Affected by this news, as of press time, wlfi’s spot market price has risen by 7%, and it is currently trading at $0.084 (Source: PANews).