Tokenholders of World Liberty Financial (WLFI) have voted to approve the trading of their tokens, marking a significant shift in the project's approach.
Voting Results for Trading Approval
Following the proposal submitted by the WLFI team on July 9, the voting concluded with an almost unanimous result of 99.94% in favor. This decision allows WLFI tokens to be accessible for trading in the open market.
Unlock Plan and Governance Transition
The WLFI team clarified that token unlock will occur in stages. A detailed launch plan is expected soon, with only a portion of the tokens sold to early supporters eligible for trading. The remaining tokens will require a second vote to determine their unlock timeline. Tokens held by the project’s founders and advisers will remain locked until further notice.
Market Speculation Expectations for WLFI
The shift to allow trading of WLFI tokens is expected to introduce opportunities for speculation and price formation in the crypto market. The project team emphasized that they will continue focusing on ecosystem expansion while aligning token incentives with protocol adoption. TRM Labs has been engaged for compliance monitoring.
The approval granted by WLFI tokenholders for trading rights marks a crucial step towards more open community participation and potential speculation in the market.
