WLFI Floats Four-Year Vesting Plan to Replace Open-Ended Token Lockups

World Liberty Financial (WLFI), a Trump family-linked DeFi project, has published a governance proposal to overhaul token unlock terms across major holder groups, covering more than 62 billion WLFI tokens. Under the plan, early supporters—presale buyers who purchased WLFI at $0.015 or $0.05 per token—would move more than 17 billion currently locked tokens to a schedule featuring a two-year cliff followed by a two-year linear vest. Unlocks would begin at the two-year mark and finish by year four, extending beyond January 2029, when Donald Trump's second term as U.S. president would end. Founders, team members, and partners holding a combined 45.2 billion WLFI would face tighter terms: a two-year cliff, a three-year linear vest, and an immediate 10% burn of their allocation if the proposal passes. WLFI said there was no prior deadline to amend. The project's original sale terms did not provide early buyers with a guaranteed unlock date, allowing tokens to remain locked indefinitely unless a governance vote approved a release. The proposal adds that holders who do not opt into the new schedule would remain subject to the original open-ended lockup. WLFI is trading around $0.08, down more than 75% from its all-time high of roughly $0.33 reached shortly after launch. Mounting controversy Earlier this week, WLFI's largest investor, Justin Sun, publicly challenged the project, alleging the token contract contains a concealed blacklisting function that would let WLFI freeze holder assets. WLFI rejected the allegation as unfounded and said it would pursue legal action. The dispute follows reporting that WLFI borrowed about $75 million in stablecoins on Dolomite using WLFI as collateral. Dolomite is a lending protocol co-founded by WLFI's CTO, prompting comparisons to past DeFi failures tied to founder self-collateralization. The governance vote is scheduled to run for seven days and requires a 1 billion WLFI quorum. This article was written with the assistance of AI workflows. All our stories are curated, edited and factchecked by a human.