World Liberty Financial just posted a governance proposal to restructure 62.28 Billion locked $WLFI tokens.
Key points:
• Up to 10% burn planned
• 40.7B tokens to start vesting for founders & team
• Tokens were previously locked indefinitely
• Comes after recent $75M loan controversy
Token unlock + vesting could bring new supply pressure to the market.
Execution, timelines, and transparency will decide the reaction. 👀
Key points:
• Up to 10% burn planned
• 40.7B tokens to start vesting for founders & team
• Tokens were previously locked indefinitely
• Comes after recent $75M loan controversy
Token unlock + vesting could bring new supply pressure to the market.
Execution, timelines, and transparency will decide the reaction. 👀
