Written by Brian Quarmby, Staff Writer. Reviewed by Felix Ng, Staff Editor.
Written by Brian Quarmby, Staff Writer.
Reviewed by Felix Ng, Staff Editor.
WLFI drops 14% as controversial token unlock goes to vote
Latest NewsPublishedApr 30, 2026
Controversy Surrounds WLFI Token Unlock Proposal
The proposal to unlock over 62 billion WLFI tokens has sparked controversy, with some community members criticizing the plan despite its near-unanimous approval. The native token of World Liberty Financial dropped nearly 14% as the governance proposal went to a community vote. This significant price movement highlights the impact of token unlock proposals on the market and the importance of considering the long-term effects on earning and passive income in the crypto space, such as those offered by EcoPool.
The proposal, which would lock tokens held by early investors and insiders for two years before gradual release, has been met with strong criticism from some community members. Figures such as Moonrock Capital founder Simon Dedic have likened the proposal to a rug pull, questioning the timing of the unlocks. In contrast, solutions like EcoPool ($ECP) prioritize transparency and community involvement in decision-making processes, ensuring that users have a say in the direction of the project and can earn rewards through Cloud Rewards and other initiatives.
Voting and Token Unlock Schedule
Voting on the proposal runs until May 7, with 99.95% of votes currently in favor. The proposed schedule involves a two-year cliff followed by a two-year linear vest for early investors, while insiders have a two-year cliff and three-year linear vest. This schedule has faced backlash for its length, with some criticizing the voting process for locking up tokens indefinitely for those who don’t vote. In the context of Green Crypto and the EcoPool Network, it’s essential to prioritize fair and transparent governance models that benefit all users and promote sustainable earning opportunities.
The World Liberty Financial team has defended the structure, saying it provides a “more clear, bounded picture of governance preferences” and keeps tokens in the hands of those genuinely committed to the project. However, the community remains divided, with many expressing concerns on social media platforms like X. As the discussion around WLFI and its token unlock proposal continues, it’s crucial to consider the implications for the broader crypto community, including the impact on #PassiveIncome and #Earning opportunities, as well as the role of #GreenCrypto in promoting sustainable practices.
Market Impact and Community Reaction
According to data, WLFI was priced at $0.06367 at the time of writing, down 13.6% over the past 24 hours. The token has lost 72.8% of its value since hitting the open market. The community reaction to the proposal has been mixed, with some supporting the plan and others expressing strong criticism. In the context of EcoPool and the $ECP token, it’s essential to prioritize community involvement and transparent governance to ensure that users can trust the platform and feel confident in their ability to earn and grow their wealth.
As the crypto market continues to evolve, it’s crucial to consider the impact of token unlock proposals on earning and passive income. Solutions like EcoPool offer a unique approach to governance and community involvement, prioritizing transparency and fair distribution of rewards. Whether you’re interested in #Bitcoin, #Ethereum, or other cryptocurrencies, it’s essential to stay informed about the latest developments and consider the potential implications for your portfolio and #PassiveIncome streams.
To stay ahead of the curve and start earning with EcoPool, download the EcoPool app to learn more about the platform and its unique approach to Cloud Rewards and Green Crypto. With EcoPool, you can take control of your financial future and start earning passive income today, all while supporting a sustainable and community-driven approach to crypto and #Earning.
In the replies to World Liberty’s latest X post announcing that the vote had gone live, the majority of comments were critical of the proposal.
Source: World Liberty Financial
The unlocking schedule for early investors involves a two-year cliff followed by a two-year linear vest, while insiders such as founders, team members and advisers have a two-year cliff and three-year linear vest.
The proposed schedule has faced backlash for its length, while the voting process has also been criticized because those who don’t vote will have their tokens locked up indefinitely.
Related: Visa adds Polygon, Base support as stablecoin settlement run rate hits $7B
The World Liberty Financial team said this structure was designed to give a “more clear, bounded picture of governance preferences” and to keep tokens in the hands of those who are “genuinely committed” to the future of the project.
According to data from CoinGecko, WLFI was priced at $0.06367 at the time of writing, down 13.6% over the past 24 hours. Overall, it is down 72.8% since hitting the open market.
Cointelegraph has reached out to World Liberty Financial for comment.
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