World Liberty Financial is seeing overwhelming support for a proposal that could redefine voting power. The measure, introduced March 5, would remove voting rights from unlocked tokens — about 20% of the supply currently tradable — unless holders stake them for at least 180 days. In exchange, stakers earn a 2% annual yield in WLFI tokens, adjustable at the team’s discretion.

Despite criticism from some early backers, a Bloomberg report citing a third-party governance platform said nearly 99% of votes cast so far favor the plan. More than 1.4 billion tokens have already been used in the vote, which closes March 12.

Opponents of the proposal argue that it forces investors into a bind: To influence decisions on when their locked tokens — 80% of holdings — might be released, they must first surrender their only liquid assets. Morten Christensen, founder of Airdropalert.com, said he would vote against the measure, calling staking “a death case for a token.”

Others, like investor Bruno Ver, remain undecided. Yet the overwhelming margin of support suggests most WLFI holders see staking as a way to strengthen governance and align with long-term goals.

The WLFI token has dropped more than 50% since partial unlocks began last year, fueling speculation that the proposal is meant to slow selling pressure. However, the World Liberty Financial team denies this, insisting the measure is about ensuring governance reflects committed participants rather than short-term speculators.

Nevertheless, the absence of a published unlock schedule remains a sticking point. “Not giving a timeline for unlocks on a project is unusual,” said Lex Sokolin of Generative Ventures. “This is one of the most important places to have transparency.”

According to Bloomberg, the proposal also introduces perks for large stakers: Those pledging at least 50 million WLFI gain direct access to the project’s team for partnership discussions, raising concerns about a tiered system favoring whales.

With voting results showing near-total approval, WLFI appears set to enshrine staking as a cornerstone of its governance model. The outcome will be revealed on March 12, a decision that could mark a turning point for the project’s future.

• What is the new proposal for WLFI governance? The proposal aims to remove voting rights from unlocked tokens unless staked for at least 180 days, while offering a 2% annual yield.
• How is the voting process going so far? As of now, nearly 99% of the votes support the proposal, with over 1.4 billion tokens participating in the voting, which closes on March 12.
• What are the main concerns from opponents? Critics argue that investors must relinquish their only liquid assets to have a say in unlocking their locked tokens, currently representing 80% of holdings.
• What potential benefits do large stakers receive? Investors staking at least 50 million WLFI tokens will gain direct access to the project’s team for partnership discussions, raising concerns about preferential treatment.

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