World Liberty Financial (WLFI), a DeFi project backed by the Trump family, has launched voting on a contentious 4-year token unlock proposal that would delay access to 62.3 billion locked tokens until 2030 or 2031. The proposal divides tokens between founders and early supporters, imposing multi-year cliffs and vesting periods. Despite backlash from early investors like Justin Sun, who has sued the project and been blacklisted from voting, WLFI is pushing forward amid ethics concerns including ties to a sanctioned entity linked to scams. Following the voting announcement, WLFI's price fell 14% to a new all-time low of $0.062, with uncertainty about the proposal's final impact on the token price.
