The tokenholate of the US-Donald Trump-Donald-managed by Crypto Project World Liberty Financial (WLFI) voted for that they were interchangeable, opening the door for a token associated with Trump to escalate value.
Proposal intricate On July 9, the WLFI team was closed on Wednesday, with “overwhelming” 99.94% in favor of unlocking. This will make the platform management token to be transactional via Peer-to-Peer transactions and secondary markets.
“After voting to obtain a token, the WLFI management frame will allow more tokenists to participate directly in the decisions regarding the protocol,” said WLFI team in the proposal.
“This includes voting on emissions, ecosystem incentives and future tax activities. This proposal is the first step in conveying the greater influence of the community.”
The unlock token will appear in stages, planning will soon appear
According to the WLFI team According to To WLFI’s post on X on Wednesday.
The WLFI team outlined in its original proposal that as part of the initial unlocking “some” tokens sold to early supporters, they qualify for trade.
“The rest of the tokens will be subject to the second vote of the community to determine the unlocking and release schedule,” said the team.
The founders, team and tokens of advisers will not be unlocked either. They will be subject to a longer schedule: time, and all qualifications requirements have not yet been set.
World Liberty sold WLFI tokens in two tranches. One was opened in October 2024 and sold 20 billion for $ 0.015, which is about $ 300 million.
The second one opened in January and charged $ 0.05 for the token, in which another five billion tokens were sold, generating $ 250 million.
Transition from closed to open
The unlock token is part of a wider transition plan from a closed network to “open participation,” said WLFI.
Making tokens will also open the door to speculation and discovering prices.
When the tokens become traded, the team said that he would continue the expansion of the ecosystem and equalize the long -term incentives of the token to accept the protocol.
Related: Trump Memecoin portfolio in “Absolute Chaos” as a family org unconscious launch
Blockchain Intelligence Platform TRM Labs was used to ensure transaction monitoring.
Trump’s family reducing the WLFI rate
WLFI began on September 16, 2024 and was supported by Donald Trump and his sons – Eric, Donald Jr. and Barron Trump.
The president reported a profit of $ 57 million from WLFI in financial June disclosure with the American Government Ethics Office; However, the Trump family reportedly also reduced their participation in the platform since December 2024, having 40% of the company from June.
Warehouse: Trump’s crypto projects are raised by a conflict of interest, questions about trade in confidential information
