World Liberty Financial Proposes WLFI Governance Staking System
Summary
World Liberty Financial (WLFI) has introduced a governance staking proposal that mandates a 180-day token lock to retain voting rights; unlocked tokens will lose governance eligibility. Stakers who actively participate in votes can earn an approximate 2% APR from the WLFI treasury. The proposal aims to shift arbitrage profits from institutional intermediaries to long-term ecosystem participants, thereby increasing structural demand for the USD1 stablecoin. The system introduces tiers: a "Node" tier requires staking 10 million WLFI and grants access to licensed market makers for 1:1 USDT/USDC to USD1 Over-The-Counter (OTC) conversions (KYC required), with the first 1,000 Nodes receiving extra rewards based on conversion volume. A "Super Node" tier requires 50 million WLFI staked and offers guaranteed access to the WLFI team for partnership discussions. Voting power is weighted by both stake size and lock duration. The proposal requires a quorum of 1 billion eligible WLFI tokens to pass in a seven-day Snapshot vote, signaling WLFI's strategy to boost USD1 adoption through enhanced ecosystem participation.
(Source:BeInCrypto)