World Liberty Financial (WLFI), the Trump family-backed DeFi project, has dropped a major governance proposal: the WLFI Governance Staking System!
Key highlights:
Holders of unlocked $WLFI must stake tokens for a minimum 180 days to vote on governance decisions, aimed at curbing short-term speculators and rewarding long term alignment.
Voting power scales with stake size + remaining lock duration (using square root weighting to limit whale dominance).
Active participants (voting in at least 2 proposals during the lock) earn 2% annual rewards from the treasury.
Tiered perks: Nodes (10M $WLFI staked ≈ $1M value) get OTC access for USD1 stablecoin conversions/arbitrage, Super Nodes (50M $WLFI) unlock team access + potential incentives.
Already locked tokens keep voting rights without extra staking.
Needs 1 billion $WLFI quorum, 7-day Snapshot vote ongoing.
Some early holders are pushing back, calling for retroactive rewards/compensation since vested/locked tokens miss out on new yields & Node benefits...
This could reshape WLFI toward a more committed, power staking ecosystem, boosting USD1 adoption along the way.