World Liberty Financial's Token Unlock Proposal Approved

World Liberty Financial's proposal to unlock 62.28 billion WLFI tokens has been overwhelmingly approved. According to Odaily, the governance proposal involved locked WLFI tokens and stipulated that if passed, the tokens would not enter the market for at least two years. The proposal outlines that up to 45.2 billion WLFI tokens held by the founding team, advisors, and partners will be subject to a two-year lock-up followed by a three-year linear unlock, with up to 4.5 billion tokens potentially being burned. Early supporters holding approximately 17 billion locked tokens will have their tokens converted to a two-year lock-up followed by a two-year linear unlock. The voting period for the proposal lasted seven days, with a quorum threshold set at 1 billion WLFI tokens.