World Liberty Financial has initiated a vote on its token unlocking proposal.

CoinFeed reported on April 30th that World Liberty Financial (WLFI), a crypto project backed by the Trump family, has launched a vote on its token unlocking proposal, according to its official governance page. The proposal involves approximately 62.28 billion WLFI tokens, including about 17.04 billion tokens locked by early supporters and about 45.24 billion tokens locked by the founding team, advisors, and partners. Early supporter tokens will have a two-year lock-up period followed by a two-year linear release. If the founding team and other token holders choose to accept the new proposal, 10% (approximately 4.52 billion tokens) will be permanently burned, and the remaining 90% will have a two-year lock-up period followed by a three-year linear release. Holders who do not accept the new proposal will continue to have their tokens locked indefinitely but can still participate in governance. The voting period will last for seven days and requires a quorum of 1 billion WLFI tokens.