World Liberty Financial’s 62 Billion Token Unlock Headed for Approval With 99.5% Support
Angelina Reinhard
- 2 min read
Image Credit: Shutterstock
Key Takeaways
- World Liberty Financial’s proposal to unlock 62 billion WLFI tokens has passed quorum with 99.5% support, replacing an indefinite lockup with a five-year vesting schedule.
- Insiders would burn roughly 4.5 billion tokens before the rest begins a three-year linear vest after a two-year cliff.
- The top four wallets control about 40% of voting power, and the vote is proceeding amid a federal lawsuit from Justin Sun alleging his tokens were frozen and governance rights stripped.
World Liberty Financial’s proposal to unlock 62 billion WLFI tokens had surpassed quorum with 99.5% support as of publication. The plan would require insiders to burn 10% of their holdings before the remaining 40.7 billion tokens begin a three-year linear vesting after a two-year cliff, with full distribution by year five.
Insiders Would Burn 4.5 Billion WLFI Before a Two-Year Cliff and Three-Year Vest
Under the proposal, founders, team members, and partners would burn roughly 4.5 billion WLFI tokens. The remaining 40.7 billion tokens would then vest linearly over three years following a two-year cliff, meaning no insider tokens reach the market for at least two years and full distribution would not occur until year five.
The proposal would replace WLFI’s indefinite lockup with a defined vesting schedule and create an exit path for holders who previously had none.
Top Four Wallets Control About 40% of Voting Power
The result also reflects how concentrated WLFI’s governance remains. The largest single wallet accounts for nearly 13% of votes cast. The top four wallets together control roughly 40% of total voting power, enough to heavily influence the outcome on their own.
Participation was similar to earlier WLFI votes, according to the governance portal. The concentration means the near-unanimous result comes from a governance structure dominated by a small number of large wallets.
WLFI Governance Vote Advances as Sun Sues Over Stripped Token Rights
The vote is also unfolding against a broader governance dispute. World Liberty Financial faces a federal lawsuit from Tron founder Justin Sun, who alleges the project froze roughly four billion of his WLFI tokens and stripped his governance rights. World Liberty has publicly dismissed the suit as meritless and accused Sun of unspecified misconduct but has not filed a formal response in court.
Sun’s complaint, filed in the Northern District of California, lists a series of private accusations he says World Liberty made against him, including blaming him for a 40% price crash on the token’s first trading day and alleging he acted as a straw purchaser.
Sun denies all of the claims. Whether his frozen tokens were included in or excluded from the governance vote is not addressed in the proposal’s public documentation.
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Angelina Reinhard
Head of Editorial & Market Analysis
Angelina leads editorial strategy and market coverage across CoinInsider, overseeing newsroom standards, content quality, and publishing direction. She also writes on digital asset markets, blockchain innovation, and the fast-changing regulatory and industry landscape, with a focus on clear, structured, and accessible reporting.
Her work combines editorial leadership with market insight, covering news, analysis, and in-depth industry developments for a global crypto audience