WLFI's proposal to push USD1 growth through its team wallet faces community criticism.

A USD1 growth proposal from World Liberty Financial (WLFI), a crypto project of the Trump family, passed a governance vote, but drew criticism from the community because holders of locked WLFI tokens were unable to participate in the vote. On-chain voting data shows that the largest number of affirmative votes came from top wallets tagged as being associated with the team or strategic partners. The top nine wallets accounted for approximately 59% of the total voting power, with the largest wallet contributing 18.786%. It is understood that many community users believe that some holders' WLFI tokens have been locked since TGE and cannot be unlocked until the team allows it, thus WLFI holders are not entitled to any protocol revenue. According to project documents, 75% of net revenue is allocated to entities associated with the Trump family, and the remaining 25% is allocated to entities associated with the Witkoff family. (Cointelegraph)