Techub News reports that, according to AMBCrypto, the largest governance proposal in World Liberty Financial history was approved with a 99.9% approval rate, with 11,537 wallets participating in the vote, involving the restructuring and unlocking of over 62 billion WLFI tokens, including transferring 17 billion early investor tokens into long-term vesting and restructuring over 45 billion tokens for the team and founders. The proposal plans to permanently burn about 10% of the internal distribution tokens to reduce circulating supply, with the remaining tokens set to be gradually unlocked after a 2-year cliff period. Although the token price rebounded from historic lows after the proposal was approved, team wallets are still distributing tokens to centralized exchanges, raising questions about the sustainability of its ongoing upward trend.

WLFI-7.59%
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GateUser-9a838df9
· 13h ago
The team wallet is still distributing tokens to centralized exchanges, raising market doubts about the sustainability of its continued rise.
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