World Liberty Financial Proposes Phased WLFI Token Unlock Amid Holder Unrest

World Liberty Financial has announced plans to introduce a governance proposal next week aimed at establishing a phased unlock schedule for WLFI tokens. The proposal, which will be open for community feedback before a formal vote, seeks to implement a structured, long-term vesting plan rather than an immediate release of all locked assets. The initiative comes as early retail purchasers express growing frustration over the lack of liquidity. Currently, approximately 75.33% of the 100 billion WLFI token supply remains locked or pending future decisions, with only 24.67% having been released. While initial sale materials indicated that tokens were non-transferable and subject to governance votes after 12 months, the current proposal arrives roughly 18 months after the mid-October 2024 public sale. The project, which raised at least $550 million across two funding rounds, is now facing potential legal challenges. Some presale buyers have reportedly filed legal notices in the United States and the Netherlands, citing the prolonged lockups. These tensions are compounded by concerns over treasury management, as on-chain data reveals the project borrowed approximately $75 million in stablecoins from Dolomite, utilizing WLFI as collateral. The outcome of the upcoming vote will be critical for early investors who currently hold tokens with limited utility beyond governance. If approved, the phased release could provide a path to liquidity, though the structured nature of the vesting plan may not fully satisfy those demanding immediate access to their holdings.