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WLFI USD1 Expansion Approved in Vote Dominated by Large Wallets

Locked allocations left many holders without a vote, prompting questions about fairness.

Overview

  • The proposal passed with 77.75% support and permits using up to 5% of the unlocked WLFI treasury to incentivize USD1 adoption.
  • Vote data show the top nine wallets controlled nearly 59% of voting power while many investors remained unable to participate due to locked tokens.
  • Post‑vote on‑chain activity included a reported transfer of 500 million WLFI to Jump Trading, feeding concerns about rising emissions and dilution.
  • Project documents state protocol revenue is routed to Trump‑linked entities (75%) and the Witkoff family (25%), leaving WLFI holders without a revenue share.
  • WLFI has pursued growth initiatives including the launch of World Liberty Markets and an application for a US national trust banking charter, with no public response to the governance complaints.