Decentralized finance platform World Liberty Financial has proposed a new vesting schedule for 62.28 billion locked WLFI tokens. The plan would impose multiyear cliffs and linear release periods for early supporters and team allocations, while introducing a potential token burn. This move follows significant criticism over token lockups and governance transparency from holders and investor Justin Sun.
The World Liberty Financial DeFi platform has posted a governance proposal to restructure the unlock of 62.28 billion locked WLFI tokens. According to the proposal, early supporters’ tokens would face a two-year cliff followed by a two-year linear vesting schedule.
Founder, team, adviser and partner allocations would have a two-year cliff and three-year linear vest if holders accept the new terms. The plan also provides for a burn of up to 4.52 billion WLFI tokens, which represents 10% of that specific allocation.
Holders who do not accept the new vesting terms would remain locked indefinitely. The proposal follows mounting criticism from early WLFI buyers over prolonged lockups and limited liquidity.
On April 10, the project said it would introduce this proposal after some holders threatened legal action. Additional scrutiny recently emerged around the platform’s governance structure and decision-making process.
Tron founder Justin Sun, a previous investor, criticized the platform over transparency concerns. He alleged that prior governance votes were dominated by a small number of wallets and lacked meaningful participation.
In response, World Liberty Financial threatened to file a lawsuit against Sun. Sun also urged the platform to disclose who controls key wallets tied to its smart contracts.
The proposal formalizes a phased unlock approach previously signaled by the project. It aims to offer a structured token release while avoiding a near-term increase in supply.
The move comes as the Trump-linked platform faces broader scrutiny of its governance. This follows recent concerns around WLFI’s treasury activity and market performance.
