World Liberty Financial Votes to Unlock 62B WLFI Tokens Worth $3.7B, Receives 99.5% Support on April 30

World Liberty Financial (WLFI) ecosystem initiated a governance vote on April 30 to unlock 62 billion WLFI tokens worth approximately $3.7 billion. The voting is scheduled to continue until May 7 and currently has received 99.5% support. If approved, token distribution will begin two years later and follow a phased schedule spanning approximately four years.

The proposal has drawn scrutiny over governance centralization. On-chain data shows the four largest WLFI wallets hold approximately 40% of total voting power. During the vote, WLFI price briefly dropped below $0.06 and was trading at approximately $0.0606 at the time of reporting.