Trump-backed World Liberty Financial races toward 62 billion token unlock with near-unanimous vote

Bearish-26.52%

30 Apr, 07:49

Source: CoinDesk

AI Summary

Trump-backed World Liberty Financial faces a massive 62 billion token unlock with new vesting terms, while voting power remains concentrated among large holders, creating potential selling pressure.

Proposal introduces vesting for 40.7 billion insider tokens after 2-year cliff, even as voting power remains concentrated among a handful of large holders