Trump-backed World Liberty Financial proposes unlocking 62 billion tokens

What Happened

World Liberty Financial, backed by the Trump family, proposed unlocking 62.3 billion WLFI governance tokens on Tuesday. Early supporters holding 17 billion tokens face a 2-year cliff and 2-year linear vest. Founders and team members holding 45.2 billion tokens face a 2-year cliff, 3-year vest, and 10% immediate burn of 4.5 billion tokens. This proposal comes after reports that the venture used 5 billion tokens as collateral on Dolomite to borrow $75 million in stablecoins.

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