World Liberty Monetary (WLFI) token holders accredited a governance proposal to make the WLFI token tradable, permitting the undertaking to start enabling transfers and secondary market entry.
Token holders forged overwhelmingly affirmative ballots earlier than the July 16 shut, with 11.1 billion tokens voting “Sure,” equal to 99.94%.
World Liberty posted the “Make $WLFI Token Tradable” measure to its governance discussion board on July 4 and opened on‑chain voting on July 9.
The proposal directs the staff to activate transferability, permitting holders to maneuver WLFI peer-to-peer and listing on secondary venues, thereby shifting the community from a closed mannequin to considered one of open participation.
The plan additionally outlines staged unlocks, the place a portion of the early supporter allocations turns into eligible as soon as buying and selling begins. In distinction, founder, staff, and adviser allocations stay locked below an extended schedule that requires a later group vote.
Timing and any eligibility screens will comply with in a separate implementation replace.
Backed by the Trump household
World Liberty Monetary is a decentralized finance and digital wealth platform backed by President Donald Trump and his household.
The applying hyperlinks conventional monetary companies with on-chain merchandise, together with the WLFI governance token and the USD-pegged stablecoin, USD1.
In line with one of many preliminary statements on the undertaking, WLFI’s objective is to take care of the greenback and the worldwide settlement layer by means of US-pegged stablecoins.
Subsequent steps for switch enablement
With authorization in place, the staff will execute switch performance, provoke eligible early‑supporter unlocks, and schedule a second vote to control the broader launch schedule for locked allocations.
Governance individuals may even acquire a broader position in figuring out emission parameters, incentive applications, and treasury actions as soon as WLFI transitions to a permissionless circulation mannequin.
Undertaking documentation on the discussion board states that implementation will happen inside an inexpensive time from passage.
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