World Liberty Financial (WLFI) Token Plummets 14% Amid Contentious 62B Token Vesting Vote

Key Highlights World Liberty Financial token declined approximately 14% following the launch of a governance vote regarding 62 billion tokens The governance measure introduces a two-year lockup period before token distribution begins, with extended vesting thereafter While 99.95% of cast votes support the measure, social media sentiment reveals significant opposition Justin Sun, founder of Tron, and Simon Dedic from Moonrock Capital have openly condemned the initiative Token holders who abstain from voting face permanent lockup of their holdings World Liberty Financial’s WLFI token experienced a sharp decline of nearly 14% this Wednesday following the launch of a governance ballot addressing vesting arrangements for more than 62 billion tokens. World Liberty Financial (WLFI) Price The governance measure was initially introduced on April 15 and became active for community voting on Wednesday. The voting window remains open through May 7, requiring a minimum threshold of 1 billion tokens for approval. Current tallies show 99.95% support among participants, with approximately 6 billion tokens cast in favor versus only 3.2 million in opposition. The minimum participation threshold has been satisfied. 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 trading at $0.064 during press time, representing a drop from $0.073 recorded before voting commenced. The digital asset previously reached an all-time peak of $0.33 and has since retreated 72.8% from its market debut. The governance proposal encompasses approximately 45 billion tokens designated for founding members, advisors, and initial partners, implementing a two-year cliff period followed by three years of linear distribution. An additional 17 billion tokens allocated to early protocol supporters will follow a two-year cliff with a subsequent two-year vesting timeline. Communit...