TL;DR:
- World Liberty Financial will announce next week a governance proposal to establish an unlock schedule for WLFI tokens.
- About 75.33% of the total supply of 100 billion WLFI remains locked. Early buyers are threatening legal action.
- Onchain data reveals the project’s treasury borrowed approximately $75 million in stablecoins using WLFI as collateral.
The decentralized finance platform World Liberty Financial announced it will present next week a governance proposal to establish a gradual unlock schedule for WLFI tokens held by early retail buyers. According to the Trump family-linked project, the initiative will first be opened for community consultation before moving toward a formal vote. The plan contemplates a phased release schedule, not an immediate full unlock.
WLFI tokens remain largely inaccessible to early buyers, whose transferability depends on specific governance approvals. According to data from Tokenomist, only 24.67% of the total supply of 100 billion tokens has been released, while the remaining 75.33% continues to be locked or pending future decisions.
The proposal has generated controversy and complaints within the ecosystem. Several presale buyers have publicly expressed their frustration over the prolonged lockups, and at least one holder claimed to have filed legal notices and to be pursuing claims in the United States and the Netherlands against World Liberty Financial and its backers. However, it has not yet been independently verified that any lawsuit has been formally filed.
World Liberty: An Unlock Nobody Promised to Deliver
The original sale terms made clear that WLFI tokens were non-transferable and could remain locked indefinitely. Any future unlock was subject to a governance vote no earlier than 12 months from the initial sale, with no guaranteed deadlines. That threshold has already been crossed: the public sale began around mid-October 2024, placing the current proposal approximately 18 months after launch. In total, World Liberty raised at least $550 million across two funding rounds through the sale of WLFI tokens.
Concern among holders is further deepened by the onchain activity of the project’s treasury. On-chain data shows that World Liberty Financial borrowed approximately $75 million in stablecoins through the Dolomite protocol, using WLFI as collateral. At least one community member noted on X that this operation raised many questions about the use of treasury funds.
