The World Liberty Financial project, linked to the Trump family, has initiated a governance vote that could make the WLFI token tradable on public markets.
Launch of Voting and Initial Results
The voting proposal went live on July 9 through the platform’s governance portal, and early results indicate overwhelming community support. The WLFI token is currently locked within the platform and cannot be traded on external exchanges.
Potential Consequences of the Vote
If the vote passes, it would mark the first step toward allowing token transferability and expanding participation in the World Liberty Financial ecosystem. The poll closes on July 16.
Plans and Criticism of the Project
The project has faced criticism due to its links with the Trump family, which reportedly holds about 40% of the WLFI supply. However, the current vote does not mention any political connections. If the vote passes, supporters will be able to unlock some tokens and resume Know Your Customer checks for new users.
Despite ongoing concerns from lawmakers, WLFI token holders appear ready to move forward toward greater decentralization and trading.
