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World Liberty Financial shifted $55.57M in WLFI into an unlock contract, then backed off a 62B token unlock as whales and governance backlash force tighter vesting.<\/p>\n
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The team behind World Liberty Financial (WLFI), a DeFi project closely associated with the Trump family brand, transferred $55.57 million worth of WLFI into an unlocking contract, according to governance and on-chain disclosures summarized by\u00a0MEXC<\/a>. The move came as WLFI governance weighed a proposal to unlock 62.28 billion tokens\u2014roughly 62% of the total supply\u2014with early voting dominated by whale addresses in favor of a rapid vesting schedule.<\/p>\n In late March, MEXC reported that World Liberty Financial had tabled a plan to \u201cunlock 62.28 billion WLFI tokens via the Lockbox mechanism,\u201d with the proposal including a burn of 4.5 billion insider tokens and a two-year vesting period for the remaining allocations. As\u00a0CoinMarketCap<\/a>\u00a0later summarized, the scheme would have seen large tranches of previously locked tokens enter circulation, raising concerns about market overhang and the influence of insiders on WLFI\u2019s governance.<\/p>\n MEXC noted that early voting on the unlock proposal was \u201cnearly unanimous among major holders,\u201d with whale wallets backing the plan to \u201cactivate the WLFI Lockbox, unlock long-term vested tokens and burn a portion of insider allocations in one coordinated process.\u201d To participate, holders are required to send their tokens into the unlocking contract, temporarily reducing visible wallet balances to zero before the new vesting schedule and claim mechanics take effect, a structure that has confused some smaller investors.<\/p>\n Amid backlash over the potential supply shock, a follow-up governance vote in early May saw WLFI token holders \u201coverwhelmingly\u201d support delaying the large-scale unlock and tightening vesting conditions, according to an updated\u00a0MEXC<\/a>\u00a0notice. \u201cWLFI token holders voted overwhelmingly to delay the unlock of 62 billion WLFI and strengthen vesting and burn mechanisms, reflecting community concerns about market impact and long-term alignment,\u201d the exchange wrote.<\/p>\n <\/p>\n At the same time, MEXC highlighted that the project had already moved 11.4 million WLFI\u2014worth about $1.31 million at the time\u2014to OKX in February, a transaction it said is \u201ctypically interpreted as preparation for potential token sales or strategic portfolio rebalancing.\u201d In a broader analysis,\u00a0CryptoNews<\/a>\u00a0described WLFI\u2019s evolving token plan as an attempt to \u201ctighten tokenomics while still giving insiders and early supporters a path to liquidity,\u201d but warned that \u201cany misstep in execution could trigger heavy selling pressure.\u201d<\/p>\n For now, the $55.57 million shift into the unlocking contract keeps WLFI\u2019s token supply mechanics under intense scrutiny, as investors parse whether the project will prioritize gradual, community-aligned releases or revert to a more aggressive insider unlock once market conditions improve.<\/p>\n <\/p><\/div>\n","protected":false},"excerpt":{"rendered":" World Liberty Financial shifted $55.57M in WLFI into an unlock contract, then backed off a 62B token unlock as whales and governance backlash force tighter vesting. Summary The Trump\u2011linked WLFI…<\/p>\n","protected":false},"author":1,"featured_media":1946,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-28322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/28322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=28322"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/28322\/revisions"}],"predecessor-version":[{"id":28323,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/28322\/revisions\/28323"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1946"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=28322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=28322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=28322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}WLFI whales rethink 62B token unlock after $55.57M move<\/h2>\n