World Liberty (WLFI) Price: Token Drops 14% as Controversial 62 Billion Token Unlock Goes to Vote

TLDR

WLFI dropped nearly 14% as a governance vote on unlocking 62 billion tokens went live The proposal imposes a two-year cliff before tokens enter circulation, followed by a multi-year vesting schedule 99.95% of votes are in favor, but community backlash is strong on social media Tron founder Justin Sun and Moonrock Capital’s Simon Dedic have publicly criticized the proposal Those who don’t vote will have their tokens locked indefinitely

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World Liberty Financial’s native token WLFI fell nearly 14% on Wednesday as the project opened voting on a governance proposal that would place over 62 billion tokens under new multi-year vesting schedules.

World Liberty Financial (WLFI) Price

The proposal was first submitted on April 15 and officially went live for voting on Wednesday. Voting runs until May 7, with a quorum of 1 billion tokens required to pass.

At the time of writing, 99.95% of votes are in favor, with 6 billion tokens voting yes and just 3.2 million against. The quorum requirement has already been met.

Token unlock proposal is now live for vote. This is one of the most significant governance proposals in WLFI history. Here's what's at stake.

— WLFI (@worldlibertyfi) April 29, 2026

WLFI was priced at $0.064 at time of writing, down from $0.073 before the vote opened. The token once traded at an all-time high of $0.33 and is now down 72.8% since hitting the open market.

The proposal covers roughly 45 billion tokens for founders, advisors, and early partners, subject to a two-year cliff and three-year linear vest. Up to 17 billion tokens for early protocol supporters follow a two-year cliff and two-year vest.

Community Backlash

Despite near-unanimous voting support, reaction on X has been largely negative. Many pre-sale investors view the new vesting schedule as a bait-and-switch, having already waited more than a year since launch.

WLFI governance proposal is now live.

For founders, team, advisors, and partners, up to 45.23B WLFI moves to a 2-year cliff followed by a 3-year linear vest upon opting in and accepting unlock terms.

Up to 4.52B $WLFI will be permanently burned under these terms.

For early… pic.twitter.com/bci1mDnDwf

— The Crypto Times (@CryptoTimes_io) April 29, 2026

“What’s this 2 year cliff 2 year vesting bullshit? I don’t understand how early investors gotta wait up to 4 years to get their full allocation. Dirty work!” one commenter wrote on X.

Moonrock Capital founder Simon Dedic compared the proposal to a rug pull, questioning why the two-year unlock period aligns with the remainder of Donald Trump’s presidential term.

Tron founder Justin Sun, one of WLFI’s largest investors, called the proposal one of the “most absurd” he had ever seen. Sun is currently in a legal dispute with World Liberty after the team froze his tokens and barred him from voting on governance proposals.

Token Burn Possibility

If approved, approximately 10% of tokens set aside for the founding team and investors could be permanently burned, representing around 4.5 billion tokens.

World Liberty said the structure is designed to replace indefinite token locks with clear, bounded vesting timelines, and to keep tokens with holders “genuinely committed” to the project.

The proposal also notes that those who do not affirmatively accept the new vesting terms will have their tokens locked indefinitely.

Approximately 25 billion WLFI tokens were sold across public presale rounds out of a total 100 billion supply. Pre-sale investors are still holding around 17 billion of those tokens.

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