WLFI New Token Governance Proposal: 62.2 Billion Tokens Locked for a Minimum of 2 Years, Team Share Burned by 10%
BlockBeats News, April 15th, the WLFI team officially proposed a governance plan to the community, with the following key details:
Advisors, institutions, partners, founders, and team members hold a total of 45.2 billion WLFI locked tokens, which will follow a "2-year lockup + 3-year linear release" plan. Those choosing to participate in this plan must burn 10% of their tokens upon joining, with a maximum permanent burn of around 4.5 billion tokens. The 17 billion tokens held by early supporters will follow a "2-year lockup + 2-year linear release" plan, without the need for burning. Tokens that do not proactively accept the new plan will be locked indefinitely.
If the proposal is approved, a total of 62.2 billion WLFI tokens will be actively involved in governance for at least 2 years. WLFI refers to this move as one of the strongest long-term governance alignment signals in the DeFi space.
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.
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