🔗 Crypto & Blockchain

WLFI's Phased Unlock Gambit: Trump DeFi Project Caves to Holder Revolt

Holders expected liquidity after 12 months. Instead, they've got lawsuits brewing and a hasty governance vote on phased unlocks from the Trump-linked DeFi darling.

Graphic of locked WLFI tokens with unlock schedule and angry holder icons

⚡ Key Takeaways

  • 75% of WLFI supply remains locked, sparking holder lawsuits and backlash. 𝕏
  • Phased unlock proposal is damage control, not a full liquidity fix. 𝕏
  • Treasury's $75M borrowing raises red flags on fund use amid illiquidity. 𝕏
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Originally reported by Cointelegraph

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