World Liberty Financial, a decentralized finance (DeFi) project linked to the Trump family, submitted a proposal today, April 15, 2026, to unlock 62.28 billion WLFI governance tokens amid controversy caused by its circular borrowing strategy.
The proposal was published on the WLFI Governance Forum and is currently under discussion.
Among them, different unlock conditions will be set depending on the type of token holder. For the first investors who accumulated 17 billion tokens, Unlocking will not happen immediately and you will have to wait 2 years to start receiving WLFI Over two more years, you can gradually increase your allowance without losing any of it.
The situation is different for founders, teams, advisors and partners who collectively manage 45.2 billion tokens. They will also have to undergo a two-year waiting period, but their terms will be extended to three years. In addition to this, if the proposal is approved, 10% of the allocation, approximately 4.5 billion tokens, will be immediately incinerated.
The group includes members of the Trump family, including project co-founders Eric Trump, Donald Trump Jr., and Barron Trump. Co-founders also include Zach Witkoff, son of real estate mogul Steve Witkoff, and Alex Witkoff, as well as Chase Herro and Zachary Folkman.
All of these tokens remained frozen with no release date or termination mechanism defined. This proposal actually The first concrete roadmap to pave the way to liquidity.
Once voted on, the unlock schedule will become effective from the date of approval. The voting period will be 7 days, with a minimum quorum of 1 billion WLFI tokens and approval based on a simple majority. Owners of locked tokens will have 10 days from the implementation of the feature to express their intentions.
The proposal justifies this mechanism by pointing out that it aims to eliminate uncertainty regarding holder participation. “The protocol should not create uncertainty about whether to vote,” the company notes. “This proposal provides each holder of locked tokens with a clearer and more time-bound opportunity to express their intentions.”
The protocol states that this moment is the breaking point. «The foundation has been laid. What comes next requires a governance structure that reflects true long-term beliefs, not just from the team, but from all token holders whose positions are fixed. ”
The proposal came amid controversy. As CriptoNoticias reported last week, World Liberty used 5 billion of its own tokens as collateral for the Dolomites lending protocol, accounting for over 55% of total liquidity. Get $75 million in stablecoins.
Its circular debt strategy, which uses assets issued by the platform itself for funding, has sparked widespread criticism with comparisons to past collapses in the crypto community and the DeFi ecosystem.
The hit to the price of the WLFI token following the controversy has caused a 20% decline in the last week, and as of the publication of this note, it is trading around $0.080, 82% below its all-time high of $0.46 recorded on September 1, 2025.
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