Donald Trump Backed World Liberty 62B WLFI Unlock Proposal Passes With 99.95% Support

TLDR

• WLFI dropped below $0.06 after the unlock vote advanced.
• The proposal covers 62.28 billion WLFI tokens.
• Support for the proposal reached about 99.5%.
• About 4.52 billion WLFI tokens will be burned.
• Top four wallets controlled roughly 40% of voting power.

World Liberty Financial’s WLFI token fell below $0.06 after a governance proposal to restructure more than 62 billion locked tokens moved toward approval with overwhelming support.

The Trump-backed crypto project saw WLFI drop about 18% in 24 hours, trading near $0.059 on April 30, 2026. The decline came as traders reacted to the planned unlock structure, concentrated voting power, and concerns over future token supply.

The proposal covers 62.28 billion WLFI tokens and has already passed quorum. Voting remains open until May 6, but current results show support near 99.5%, making approval highly likely unless voting patterns change sharply.

WLFI Unlock Plan Sets Long Vesting Schedule

The proposal applies to tokens held by founders, team members, advisors, partners, and early supporters. For insiders, the plan covers about 45.23 billion WLFI tokens.

Under the structure, 10% of the affected insider allocation, or about 4.52 billion WLFI, will be permanently burned. The remaining 40.71 billion WLFI will enter a two-year cliff followed by a three-year linear vesting schedule.

This means no insider tokens would enter circulation for at least two years. Full distribution would take five years from the start of the schedule.

Early supporter tokens are also included in the broader restructuring. Those holdings are expected to face a two-year cliff followed by a shorter vesting period.

Governance Concentration Draws Attention

The vote has raised questions about governance concentration. On-chain data show the largest wallet controlled nearly 13% of votes cast, while the top four wallets accounted for roughly 40% of voting power.

That concentration has led some smaller holders to argue that the proposal reflects large-holder influence rather than broad community approval.

Supporters of the plan say the proposal replaces indefinite locks with a clear supply schedule. Critics say the structure creates a future overhang, even with the planned burn.

The market reaction shows traders are focusing less on the immediate burn and more on the eventual unlock of tens of billions of WLFI tokens.

WLFI Price Hits New Low Area

WLFI price has now fallen nearly 88% from its reported September 2025 peak of $0.46. The latest move below $0.06 places the token near a new all-time low.

The token also faces wider pressure beyond the unlock vote. World Liberty Financial has come under scrutiny over reported use of WLFI as collateral on Dolomite to borrow about $75 million in stablecoins.

Tron founder Justin Sun has also filed a lawsuit against the project, alleging that his tokens were frozen and his governance rights were removed. World Liberty Financial has denied those claims.

WLFI’s next market direction will depend on whether buyers defend the current low range and whether the approved vesting structure eases uncertainty or adds pressure from future supply expectations.