World Liberty Financial holders back WLFI public trading with massive 99.9% positive votes
World Liberty Financial (WLFI) token holders approved a governance proposal to make the WLFI token tradable, allowing the project to begin enabling transfers and secondary market access.
Token holders cast overwhelmingly affirmative ballots before the July 16 close, with 11.1 billion tokens voting “Yes,” equivalent to 99.94%.
World Liberty posted the “Make $WLFI Token Tradable” measure to its governance forum on July 4 and opened on‑chain voting on July 9.
The proposal directs the team to activate transferability, allowing holders to move WLFI peer-to-peer and list on secondary venues, thereby shifting the network from a closed model to one of open participation.
The plan also outlines staged unlocks, where a portion of the early supporter allocations becomes eligible once trading starts. In contrast, founder, team, and adviser allocations remain locked under a longer schedule that requires a later community vote.
Timing and any eligibility screens will follow in a separate implementation update.
Backed by the Trump family
World Liberty Financial is a decentralized finance and digital wealth platform backed by President Donald Trump and his family.
The application links traditional financial services with on-chain products, including the WLFI governance token and the USD-pegged stablecoin, USD1.
According to one of the initial statements on the project, WLFI’s goal is to maintain the dollar and the global settlement layer through US-pegged stablecoins.
Next steps for transfer enablement
With authorization in place, the team will execute transfer functionality, initiate eligible early‑supporter unlocks, and schedule a second vote to govern the broader release schedule for locked allocations.
Governance participants will also gain a broader role in determining emission parameters, incentive programs, and treasury actions once WLFI transitions to a permissionless circulation model.
Project documentation on the forum states that implementation will occur within a reasonable time from passage.
The post World Liberty Financial holders back WLFI public trading with massive 99.9% positive votes appeared first on CryptoSlate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI stocks fuel global market rally, Nasdaq 100 futures jump 1.5%
Rising expectations of Fed rate hikes trigger a wave of US Treasury sell-offs! Japanese bonds follow suit, 10-year yields approach 2.8%
Due to the higher-than-expected US October CPI data, the market increased its bets that the Federal Reserve may need to take more aggressive rate hikes. US Treasury bonds were sold off on Tuesday, and Japanese government bonds followed the overnight decline in the US Treasury market on Wednesday.
U.S. inflation remains “persistently high”! Goldman Sachs changes its stance: The Federal Reserve’s rate hike cycle is not over yet, another 25 basis points increase possible in March next year
Higher-than-expected US October CPI data released on Tuesday prompted Goldman Sachs to revise its previous forecast that the Fed’s current rate hike cycle would end in December. The Wall Street financial giant now expects the Fed to raise interest rates by another 25 basis points in March next year.
Crypto prices
More
