Wu Says learned that WLFI has announced it has released a governance proposal involving approximately 62.282 billion WLFI tokens. If passed, the founder, team, advisors, and partners’ locked tokens totaling 45.239 billion WLFI tokens will, after selecting a new unlocking plan, be subject to a 2-year lock-up period and a linear unlock over 3 years, while also triggering a 10% burn, with up to approximately 4.524 billion tokens destroyed. Early supporters’ tokens totaling approximately 17.044 billion will be adjusted to a 2-year lock-up plus a 2-year linear unlock and will not undergo a burn. Tokens that do not choose the new plan will continue to be locked indefinitely. The proposal is intended to strengthen long-term governance participation and clarify the token supply structure.

WLFI-0.17%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin