Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs

World Liberty Financial Proposes WLFI Governance Staking System

11h ago
bullish:

0

bearish:

0

Share
img

World Liberty Financial (WLFI) proposed a staking-based governance proposal that ties voting rights to a 180-day token lock and introduces tiered benefits linked to its USD1 stablecoin.

Why it matters:

  • Holders of unlocked WLFI who do not stake their tokens would lose the right to vote on governance proposals. Locked token holders remain eligible to vote.
  • Stakers earn a target APR of ~2% from the WLFI treasury, but only if they actively participate in votes.
  • The proposal aims to redirect arbitrage profits from institutional intermediaries to long-term ecosystem participants, increasing structural demand for USD1.

The details:

  • A “Node” tier would require staking 10 million WLFI. Nodes gain access to licensed market makers offering 1:1 USDT and USDC to USD1 over the counter (OTC) conversions, subject to KYC.
  • The first 1,000 Nodes would also receive additional governance token rewards tied to USD1 conversion volume.
  • A “Super Node” tier requires 50 million WLFI staked. Super Nodes receive guaranteed access to the WLFI team for partnership discussions and potential economic incentives.
  • Voting power is weighted by both stake size and lock duration, per thegovernance proposal.
  • The proposal requires a quorum of 1 billion eligible WLFI tokens and will be decided in a seven-day Snapshot vote.
  • WLFI is up 2.3% over the past 24 hours, per CoinGecko.

The big picture:

11h ago
bullish:

0

bearish:

0

Share
Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.