- WLFI proposes to make its governance token tradable on secondary markets and peer-to-peer platforms.
- Early WLFI token unlocks will begin if the proposal passes, with founders’ tokens subject to a longer vesting schedule.
- The proposal also empowers token-holders to apply votes to emissions, rewards, and future treasury decisions.
World Liberty Financial (WLFI), a decentralized finance protocol co-founded by the Trump family, has proposed a venture that would allow its governance token, $WLFI, to be listed on open markets for the first time. Announced on July 4 on U.S. Independence Day, the move represents a milestone in the project, which has remained a closed network since its inception.
Community Proposal Aims to Expand WLFI Token Access
The WLFI proposal describes the transition from the limited access model to an open model in which the token can be exchanged via secondary markets and peer-to-peer transactions.
However, the WLFI token cannot be exchanged with other existing tokens at present, thus limiting community involvement and price discovery. Upon the passing of the proposal, the token will be tradeable, marking new opportunities for its owners to engage in protocol governance and ecosystem development.
The goals are to make governance more accessible, facilitate more participation, and make tokens more useful. Early supporters who acquired WLFI tokens on early sales will be given a share of the unlocked tokens when trading begins. However, most allocations of teams and advisors will be locked with a more restrictive vesting schedule that aims to indicate a long-term commitment to the protocol’s purpose.
World Liberty Financial Governance Changes and User Engagement
After the community vote, token holders will be more involved in governing the protocol. This includes first-hand voting on issues like token emissions, ecosystem incentives, and future treasury actions. The second vote will set the timeframe for releasing the additional allocation of early supporter tokens. Moreover, this model will allow balancing between liquidity and long-term commitment among the founders and strategic contributors.
In the last year, World Liberty Financial has worked on product development, ecosystem partnerships, and brand awareness. Furthermore, the protocol also partnered with London-based Re7 Labs to expand the use of its USD1 stablecoin globally.
The WLFI team has positioned the proposal as a step toward a transparent and community-based ecosystem. If approved, the protocol would begin trading tokens, share governance with the community, and further explore partnership opportunities, thereby contributing to its open financial system led by its users.
Also Read: Plume Network Partners with WLFI to Power RWAfi Growth Using USD1 Stablecoin
WLFI Meets Political and Legal Hurdles
The proposal comes at a time when World Liberty Financial and other crypto initiatives associated with Trump have been under heightened oversight. Legislator Rep. Adam Schiff has reacted by drafting a bill to restrict executive participation, including the president, in cryptocurrency initiatives.
Recent financial disclosures also show the Trump family’s crypto participation. In June alone, President Trump is said to have earned $57 million through World Liberty Financial. His overall crypto earnings now comprise approximately 9% of his reported net worth of $6.4 billion, as per Bloomberg. However, DT Marks DeFi LLC, the organization in charge of the Trump family’s investment, decreased its share in World Liberty Financial from 75% to 55%.
Also Read: Senate Eyes Crypto Tax Reform in ‘Trump’s Big Beautiful’ Bill