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Trump-backed WLFI Sells $5 Million Access While Promoting Democratized Finance

Trump-backed WLFI Sells $5 Million Access While Promoting Democratized Finance

World Liberty Financial said its governance staking proposal passed on the 14th with 99.12% approval from 1,800 votes, while token concentration among 10 wallets continued to raise concerns about governance power.

USD1

Fact Check
The claim accurately reflects the details of a governance proposal passed by World Liberty Financial on March 13, 2026. Multiple sources, including CoinDesk and Reuters, confirm the 180-day lockup requirement for voting and the creation of a 'Super Node' tier requiring approximately $5 million (50 million WLFI tokens) to gain direct access to the project's executive and business development team.
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Summary

World Liberty Financial said its governance staking proposal passed on the 14th with 99.12% approval from 1,800 votes cast. The measure requires WLFI holders to lock tokens for 180 days to gain voting rights, while more than 76% of voting tokens were concentrated in 10 wallets, underscoring concerns about governance influence among large holders. The plan also offers a 2% annual yield to stakers who participate in at least two governance votes during the lock-up period, and investors staking 50 million WLFI tokens, valued at about $5 million, receive access to WLFI’s business development team and executives, according to Reuters citing spokesman David Wachsman. WLFI is also awaiting a decision on its January application to the Office of the Comptroller of the Currency for a national trust bank charter tied to its USD1 stablecoin, while exploring asset tokenization and a possible publicly traded company to hold WLFI tokens.

Terms & Concepts
  • WLFI: The governance token of World Liberty Financial, used for staking and voting on proposals that shape the project’s structure and operations.
  • Staking: The act of locking tokens in a protocol for a set period to receive benefits such as voting rights, yield, or enhanced participation privileges.
  • Tokenization: The creation of blockchain-based digital representations of real-world assets such as real estate or commodities.