On December 20, World Liberty Financial proposed a new WLFI token expenditure proposal, aiming to unlock up to 5% of the token inventory to promote its USD1 stablecoin partnership, but the proposal has sparked disagreements within the community. Some holders are concerned that token expenditure could depress the price and harm the interests of the approximately 80% of WLFI token holders still locked, while supporters believe that the incentives are beneficial for long-term ecosystem value. World Liberty’s token sales have raised approximately $550 million for the project, but WLFI price has fallen about 60% from its peak. (DL News)
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.
World Liberty Financial's proposal to promote USD1 with 5% WLFI sparks controversy
On December 20, World Liberty Financial proposed a new WLFI token expenditure proposal, aiming to unlock up to 5% of the token inventory to promote its USD1 stablecoin partnership, but the proposal has sparked disagreements within the community. Some holders are concerned that token expenditure could depress the price and harm the interests of the approximately 80% of WLFI token holders still locked, while supporters believe that the incentives are beneficial for long-term ecosystem value. World Liberty’s token sales have raised approximately $550 million for the project, but WLFI price has fallen about 60% from its peak. (DL News)