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World Liberty Financial: Predictable Supply, Concentrated Power, Looming Lawsuit

World Liberty Financial: Predictable Supply, Concentrated Power, Looming Lawsuit

Published 3 weeks, 3 days ago
Description

World Liberty Financial, backed by Trump, is set to unlock 62 billion WLFI tokens with a proposal boasting 99.5% support. The plan involves burning 10% of tokens and vesting the rest over five years. This move creates a predictable supply schedule, but voting power is concentrated in a few hands, with the top wallet holding 13% and the top four controlling 40%. A lawsuit from Tron founder Justin Sun adds to the drama as the vote concludes.

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