WLFI's New Proposal Sparks Controversy, Community Accuses Team of Vote Manipulation to Exploit Stakers
BlockBeats News, January 21st, a new proposal submitted by the Trump family's crypto project World Liberty Fi at the end of 2025 has recently sparked controversy in the crypto community.
It is reported that the proposal calls for "using 5% of the funds unlocked from WLFI's treasury holdings to promote USD1 growth," originally rejected by a majority of opposing votes upon reaching the required quorum, until the team and partners pushed through to reverse the result.
Crypto KOL DeFi^2 stated that Bubble Maps data shows that the wallets ranking high in the proposal voting are mostly owned by the team or strategic partners, indicating a clearly manipulated vote. The data shows that the WLFI team holds 33.5% of the total token supply, strategic partners hold an additional 5.85%, while the public sale share is only 20%.
It is reported that WLFI holders have no right to allocate any protocol revenue, as stipulated in the "WLFI Whitepaper," where 75% of the protocol revenue goes to the Trump family and 25% to the Wietkoff family. The passage of this proposal is the team's way of selling off WLFI tokens through what appears to be a fair vote, sacrificing the interests of locked-up holders to divert funds from protocol revenue only to themselves.
At the time of writing, the WLFI token is priced at $0.1641, with a market cap of $44.69 billion and a fully diluted valuation of $164 billion.
You may also like

Business Opportunities of Tokenized Stocks

In-depth research report on the Resolv protocol hacking incident, who is the final payer?

Crypto Market Sees Large Liquidations: $272 Million in Long Positions Affected
Key Takeaways In the last 24 hours, $272 million worth of contracts were liquidated across the entire crypto…

Whale Increases BTC Shorts and Bets on Crude Oil: A Strategic Crypto Move
Key Takeaways A prominent whale, known as “UnRektCapital,” has strategically escalated its short position in Bitcoin while simultaneously…

Hackers in Brazil Use Fake Google Play Store to Steal Cryptocurrency
Key Takeaways Hackers in Brazil are exploiting fake Google Play Store pages to spread Android malware. Infected devices…

Exchanging 200,000 for nearly 100 million, DeFi stablecoins face another attack

The underlying business agreement of the trillion-dollar Agent economy: Understanding ERC-8183, it's not just about payments, but the future

When Wall Street's ETH begins to "yield": Looking at the asset properties of Ethereum from BlackRock's ETHB

The Power of Agency: The Agentic Wallet and the Next Decade of Wallets

Understanding x402 and MPP in One Article: Two Routes for Agent Payments

Particle Founder: The entrepreneurial insights I have gained the most from in the past year

Huang Renxun's latest podcast transcript: The future of Nvidia, the development of embodied intelligence and agents, the explosion of inference demand, and the public relations crisis of artificial intelligence

OKX Ventures Research Report: AI Agent Economic Infrastructure Research Report (Part 1)

The migration of settlement rights: B18 and the institutional starting point of on-chain banks

From Tencent and Circle: Looking at the Simple and Difficult Questions of Investment

The second half of stablecoins no longer belongs to the crypto circle

Cursor "Shell" Kimi Controversy Reversed: From Copyright Infringement Allegations to Authorized Collaboration, China's Open Source Model Once Again Becomes a Global AI Foundation

The Real Reason Tokens Don't Sell: 90% of Crypto Projects Overlook Investor Relations
Business Opportunities of Tokenized Stocks
In-depth research report on the Resolv protocol hacking incident, who is the final payer?
Crypto Market Sees Large Liquidations: $272 Million in Long Positions Affected
Key Takeaways In the last 24 hours, $272 million worth of contracts were liquidated across the entire crypto…
Whale Increases BTC Shorts and Bets on Crude Oil: A Strategic Crypto Move
Key Takeaways A prominent whale, known as “UnRektCapital,” has strategically escalated its short position in Bitcoin while simultaneously…
Hackers in Brazil Use Fake Google Play Store to Steal Cryptocurrency
Key Takeaways Hackers in Brazil are exploiting fake Google Play Store pages to spread Android malware. Infected devices…