WLFI Token Lock Vote Starts: 62B Tokens Vesting, 10% Burn, 7-Day Governance

World Liberty Financial (WLFI) has started a governance vote on a controversial WLFI token lock plan. The proposal covers 62B WLFI tokens and will run for 7 days, with a quorum of 1B WLFI. If approved, the schedule aims to replace “uncertain locks” with clearer vesting. 45B WLFI allocated to the founding team, advisors, and early partners would face a 2-year cliff, then enter 3-year linear vesting. Other early-supporter allocations would use a 2-year cliff followed by 2-year vesting. The agenda also includes a permanent burn of 10% of the founding team/investor allocation: 4.5B WLFI tokens. Early investors have publicly criticized the added cliff structure as potentially unfair, turning the WLFI token unlock/vesting debate into a governance and ethics issue. For traders, the reported WLFI price is around $0.055–$0.056 (about +0.9% on the day) but the broader trend remains bearish. Technicals cited include RSI(14) near 15 (oversold) and other bearish signals. Key levels mentioned are support near $0.0512 and resistance near $0.0577. The article also references legal-related tensions involving investors (including Justin Sun), which could amplify short-term volatility around this WLFI token lock vote.
Bearish
The market impact on WLFI is expected to be bearish because the vote focuses on controversial vesting/cliff changes and ongoing governance trust issues. Even with a planned 10% burn, the added cliffs may not be viewed positively by current holders. The broader technical backdrop in the article is also negative (downtrend and RSI(14) near deep oversold), which can encourage traders to stay defensive until voting sentiment stabilizes. Legal-related tensions referenced in the report could further increase near-term volatility, making traders more cautious around WLFI token unlock expectations.