World Liberty Financial Proposes WLFI Governance Staking System
Source Beincrypto
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:
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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