WLFI Proposal Sparks Backlash Over Extended Token Lockups
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World Liberty Financial is facing strong criticism after proposing to extend lockups on its WLFI tokens. Under the plan, early investors would face an additional two-year lockup, followed by a gradual release over another two years—effectively tying up funds for up to four years.
The most controversial element is that holders who reject the proposal could have their tokens locked indefinitely. Critics argue this creates a coercive dynamic, forcing investors to accept terms or risk losing access to their holdings altogether.
The proposal has quickly become a flashpoint, raising concerns about fairness, governance practices, and investor rights within the platform.
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“vote on this proposal” but also you can’t vote, very democratic.