HomeDeFiWorld Liberty Financial holders back WLFI public trading with massive 99.9% positive...

World Liberty Financial holders back WLFI public trading with massive 99.9% positive votes

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World Liberty Financial (WLFI) token holders approved a governance proposal to make the WLFI token tradable, allowing the project to begin enabling transfers and secondary market access. 

Token holders cast overwhelmingly affirmative ballots before the July 16 close, with 11.1 billion tokens voting “Yes,” equivalent to 99.94%. 

World Liberty posted the “Make $WLFI Token Tradable” measure to its governance forum on July 4 and opened on‑chain voting on July 9

The proposal directs the team to activate transferability, allowing holders to move WLFI peer-to-peer and list on secondary venues, thereby shifting the network from a closed model to one of open participation. 

The plan also outlines staged unlocks, where a portion of the early supporter allocations becomes eligible once trading starts. In contrast, founder, team, and adviser allocations remain locked under a longer schedule that requires a later community vote. 

Timing and any eligibility screens will follow in a separate implementation update.

Backed by the Trump family

World Liberty Financial is a decentralized finance and digital wealth platform backed by President Donald Trump and his family.

The application links traditional financial services with on-chain products, including the WLFI governance token and the USD-pegged stablecoin, USD1

According to one of the initial statements on the project, WLFI’s goal is to maintain the dollar and the global settlement layer through US-pegged stablecoins. 

Next steps for transfer enablement

With authorization in place, the team will execute transfer functionality, initiate eligible early‑supporter unlocks, and schedule a second vote to govern the broader release schedule for locked allocations. 

Governance participants will also gain a broader role in determining emission parameters, incentive programs, and treasury actions once WLFI transitions to a permissionless circulation model. 

Project documentation on the forum states that implementation will occur within a reasonable time from passage. 

The post World Liberty Financial holders back WLFI public trading with massive 99.9% positive votes appeared first on CryptoSlate.

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