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World Liberty Financial proposes an extreme deflationary plan, locking in 62.3% of the total supply as core tokens, and forcibly burning 10% of the founding team’s tokens, totaling 4.52 billion WLFI permanently removed from circulation. @worldlibertyfi @worldlibertyfi
The proposal requires the remaining 90% of the team tokens to undergo a two-year complete lock-up period, followed by a three-year linear release, effectively extending the liquidity cycle for core stakeholders to five years.
BitGo CEO Mike Belshe publicly defends World Liberty Financial, stating that its operation of borrowing approximately $75 million with WLFI as collateral is not a scam, and confirms its compliance with regulations.