Currencies38131
Market Cap$ 2.28T+0.51%
24h Spot Volume$ 25.22B-22.6%
DominanceBTC56.45%+0.27%ETH9.63%+1.49%
ETH Gas0.13 Gwei
Cryptorank
/

WLFI Faces Scrutiny Over New Proposal That Could Limit Investor Voting Rights


WLFI Faces Scrutiny Over New Proposal That Could Limit Investor Voting Rights

Share:

AI Overview

Governance proposal would force WLFI holders to stake the only ~20% of currently unlocked tokens for a 180‑day lockup at 2% APY to retain voting rights, risking loss of governance power for early investors; - WLFI raised >$550M but token has plunged from an ATH near $0.46 to ~$0.09–$0.10 (>-75%), signaling weak market confidence and adoption risk; - Proposal concentrates control and creates liquidity/staking risk with clear implications for crypto governance, token performance and investor rights.

Bearish

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner
  • WLFI investors may lose governance voting rights unless they stake the only 20% of tokens unlocked.
  • The staking proposal requires a 180-day lockup for a 2% annual yield.
  • WLFI has fallen from an ATH near $0.46 to around $0.09-$0.10, a drop of more than 75%.

World Liberty Financial (WLFI), the crypto project linked to the family of US President Donald Trump, is again under scrutiny after a new governance proposal raised concerns among investors.

The project raised more than $550 million from investors with the promise that early token holders would help guide the platform’s future decisions. However, the latest governance proposal could reduce the voting power of those early investors unless they agree to lock up the only tokens they can currently sell.

The proposal targets roughly 20% of WLFI tokens that are already unlocked and tradable. Under the plan, these …

Read The Full Article WLFI Faces Scrutiny Over New Proposal That Could Limit Investor Voting Rights On Coin Edition.

Read the article at CoinEdition

In This News

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

Bitcoin Hits Record Oversold Level Against Gold, Echoing a 660% Rally

Bitcoin Hits Record Oversold Level Against Gold, Echoing a 660% Rally

In Brief Bitcoin just hit its most oversold level against gold on record, according ...
Robinhood to Launch AI-Powered Crypto Trading for U.S. Users 

Robinhood to Launch AI-Powered Crypto Trading for U.S. Users 

Robinhood plans to introduce an AI-powered cryptocurrency trading feature for eligibl...