WLFI New Token Governance Proposal: 62.2 Billion Tokens Locked for a Minimum of 2 Years, with a Maximum Burn of Approximately 4.5 Billion Tokens

BlockBeats News, April 15th. The WLFI team officially released a governance proposal to the community, with the key details as follows:

A total of 45.2 billion WLFI tokens held by advisors, institutions, partners, founders, and team members will be subject to a "2-year lockup + 3-year linear release" plan. Participants choosing to join will need to burn 10% of their tokens upon entry, with a maximum permanent burn of approximately 4.5 billion tokens. The 17 billion tokens held by early supporters will follow a "2-year lockup + 2-year linear release" plan, without the burning requirement. Tokens that do not voluntarily accept the new plan will be locked up indefinitely.

If the proposal is accepted, a total of 62.2 billion WLFI tokens will be actively involved in governance for at least 2 years. WLFI has described this move as one of the strongest long-term governance alignment signals in the DeFi space. The proposal further outlines WLFI's governance roadmap. In response to this news, WLFI's market price has increased by 7% as of the time of writing, now trading at $0.084.