PANews reported on April 15th that WLFI submitted a proposal on its governance forum to adjust the total of 62,282,252,205 locked WLFI tokens to a longer-term unlocking arrangement. Under the proposed plan, the 45,238,585,647 WLFI locked by advisors, institutions, partners, founders, and the team will be uniformly changed to a 2- year cliff unlocking + 3- year linear release if they choose to participate, with 10% being forcibly burned upon choosing to join, up to a maximum of 4,523,858,565 WLFI being burned. The 17,043,666,558 WLFI locked by early supporters will be changed to a 2- year cliff unlocking + 2- year linear release with no burning. Addresses that do not actively accept the new arrangement will continue to be locked indefinitely under the existing terms.
WLFI has proposed extending the unlocking period and partially burning over 62.2 billion tokens held by the team and early supporters.
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Author: PA一线
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