WLFI has proposed extending the unlocking period and partially burning over 62.2 billion tokens held by the team and early supporters.

CoinFeed reported on April 15th that WLFI submitted a proposal on its governance forum to adjust the total locked WLFI tokens (62,282,252,205) to a longer-term unlocking arrangement. Under the proposed plan, the 45,238,585,647 WLFI locked by advisors, institutions, partners, founders, and the team will be uniformly converted to a 2-year cliff unlocking + 3-year linear release if they choose to participate. 10% of these tokens will be forcibly burned upon choosing to join, with a maximum burn of 4,523,858,565 WLFI. The 17,043,666,558 WLFI locked by early supporters will be converted to a 2-year cliff unlocking + 2-year linear release with no burning. Addresses that do not actively accept the new arrangement will continue to be locked indefinitely under the existing terms.