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WLFI's New Proposal Sparks Controversy, Community Accuses Team of Vote Manipulation to Exploit Stakers
BlockBeats News, January 21st, a new proposal submitted by the Trump family's crypto project World Liberty Fi at the end of 2025 has recently sparked controversy in the crypto community.
It is reported that the proposal calls for "using 5% of the funds unlocked from WLFI's treasury holdings to promote USD1 growth," originally rejected by a majority of opposing votes upon reaching the required quorum, until the team and partners pushed through to reverse the result.
Crypto KOL DeFi^2 stated that Bubble Maps data shows that the wallets ranking high in the proposal voting are mostly owned by the team or strategic partners, indicating a clearly manipulated vote. The data shows that the WLFI team holds 33.5% of the total token supply, strategic partners hold an additional 5.85%, while the public sale share is only 20%.
It is reported that WLFI holders have no right to allocate any protocol revenue, as stipulated in the "WLFI Whitepaper," where 75% of the protocol revenue goes to the Trump family and 25% to the Wietkoff family. The passage of this proposal is the team's way of selling off WLFI tokens through what appears to be a fair vote, sacrificing the interests of locked-up holders to divert funds from protocol revenue only to themselves.
At the time of writing, the WLFI token is priced at $0.1641, with a market cap of $44.69 billion and a fully diluted valuation of $164 billion.
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