World Liberty Financial (WLFI), a DeFi project linked to U.S. President Donald Trump’s family, passed a proposal allowing direct engagement with its team through staking worth $5 million, CoinDesk reported on Sunday.
WLFI governance token holders approved the introduction of a three-tier staking system with 99.12 percent in favour. The base tier requires a 180-day lock-up to obtain voting rights, while the node tier allows conversion to the USD1 stablecoin at a 1:1 ratio when staking 10 million WLFI.
The super node tier grants the right to engage directly with the team when staking 50 million WLFI, worth $50 million. More than 76 percent of voting power in the ballot came from 10 wallets. WLFI spokesperson David Waxman (데이비드 왁스먼) said “direct access” means engagement with the business development team, not founders. WLFI is currently pursuing a trust bank licence through the U.S. Office of the Comptroller of the Currency (OCC) and is also considering tokenisation of real estate and oil and gas assets, and the establishment of a listed company holding WLFI tokens.
Chi-gyu Hwang
delight@d-today.co.kr