WLFI Token Lock Vote Don Start: 62 Billion Tokens dey vest, 10% Dem go burn, 7-Day Governance

World Liberty Financial (WLFI) don start governance vote for one controversial WLFI token lock plan. Di proposal cover 62 billion WLFI tokens and e go run for 7 days, quorum na be 1 billion WLFI. If dem approve am, di schedule wan replace “uncertain locks” wit clearer vesting. 45 billion WLFI wey dem allocate to founding team, advisors, and early partners go get 2-year cliff, then dem go enter 3-year linear vesting. Other early-supporter allocations go use 2-year cliff followed by 2-year vesting. Di agenda still include permanent burn of 10% of founding team/investor allocation: 4.5 billion WLFI tokens. Early investors don publicly criticize the extra cliff structure say e fit be unfair, wey don turn the WLFI token unlock/vesting debate into governance and ethics matter. For traders, WLFI price dey reported about $0.055–$0.056 (about +0.9% for the day) but the bigger trend still bearish. Technicals wey dem mention include RSI(14) near 15 (oversold) and other bearish signals. Key levels dem mention na support near $0.0512 and resistance near $0.0577. The article also tok about legal tensions involving investors (including Justin Sun), wey fit increase short-term volatility around this WLFI token lock vote.
Bearish
Market impact for WLFI dey expected to be bearish because di vote focus on controversial vesting/cliff changes and ongoing governance trust issues. Even with planned 10% burn, di added cliffs fit no dey viewed positively by current holders. Di broader technical backdrop for di article sef negative (downtrend and RSI(14) near deep oversold), we fit make traders remain defensive till voting sentiment stabilize. Legal-related tensions wey report mention fit further increase near-term volatility, making traders more cautious around WLFI token unlock expectations.