WLFI Passes Staking Governance With 180 Day Lock-Up Requirement
WLFI holders approved a governance proposal requiring an 180-day token lock-up to participate in protocol decision-making.Summary
World Liberty Financial (WLFI) holders overwhelmingly passed a governance proposal mandating a 180-day lock-up period for tokens to participate in steering the protocol's future. The proposal passed with 99.12% approval across 1,800 votes, though over 76% of those votes came from just ten users. WLFI stated this measure aims to ensure only those with long-term alignment can make decisions, and it incentivizes participation with a 2% APY if stakers vote in at least two governance proposals during the lock-up. The proposal also grants those staking 50 million WLFI (worth about $5 million) "guaranteed direct access" to the WLFI team for business development and executive discussions, though this does not guarantee partnerships. WLFI, whose "Gold Paper" names Donald Trump's sons as co-founders, is focused on building a crypto ecosystem around its stablecoin, USD1, and has applied for a national trust bank charter to support the US dollar's status.
(Source：Cointelegraph)