In the U.S. Independence Day, World Liberty Financial proposes a major change that could shift its entire ecosystem. The Trump-linked crypto project launched a new governance proposal to make its $WLFI token tradable.
Source: WLFI X Handle
This move, celebrated on July 4th, marks the beginning of what the team calls a new chapter in community ownership and decentralization. If passed, the proposal would unlock early supporter tokens while team and advisor tokens stay locked under longer schedules.
For the first time, World Liberty Financial proposes opening the protocol to secondary markets. Until now, the WLFI token existed in a closed system, which prevented trading and limited participation.
The new offer would allow $WLFI to be traded peer-to-peer and on DEX. This move will enhance the token utility, appeal to new members. It will also initiate real price exploration for the WLFI ecosystem.
The proposal also signals a shift toward open governance. More users would be able to vote on protocol changes, ecosystem rewards, and other key decisions, giving more control to the broader community.
World Liberty Financial proposes that some tokens held by early supporters will be eligible for unlocking. Yet, only a percentage will be unlocked at first. The rest of the supply will be open to a second community vote for the release schedule. On the other hand, founders', team members', and advisors' tokens will remain locked for a longer time to demonstrate long-term commitment to the vision of the project.
The project raised $550 million by selling its tokens, with support from more than 85,000 investors who took part in the sale.
The WLFI team indicates that this proposal is following healthy growth in product development and user interest. As demand in the community becomes greater, World Liberty Financial proposes that this is the time to enable trading. The team feels that this action will garner wider attention. It will provide the project with more momentum as it continues to develop partnerships and add features.
The move comes as political heat rises around Trump’s crypto ties. World Liberty Financial proposes this shift as lawmakers debate the COIN Act, a bill introduced by Senator Adam Schiff.
This bill would ban Presidents and their families from holding or promoting crypto while in office. Schiff claims Trump earned millions from crypto ventures, including NFTs and digital tokens.
By increasing decentralization, World Liberty Financial proposes to reduce the influence of the Trump family over the protocol. In June, the Trump family cut its stake in WLFI by 20%, which may help ease the concerns raised in Washington.
In case of approval by the community votes, the WLFI will be tradable, and early adopters will get their tokens. This will also cause initiation of complete community governance. In case the suggestion is rejected, the token will be considered non-transferable, and the ecosystem stays closed.
World Liberty Financial proposes this bold step to empower its users, grow the protocol, and navigate rising political pressure. Now, it is up to the community to decide the project’s future.
Muskan Sharma is a crypto journalist with 2 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.