• markets
  • news
  • 2 hours

World Liberty Puts Its Staking Model for Project Governance to a Vote

Voting Rights Will Be Linked to Token Lockups, and Arbitrage Revenue Will Be Redistributed to Governance Participants.

0

nft.eu
  • rating +26
  • subscribers 113

WLF Management Has Proposed Making Staking a Mandatory Requirement for Participation in Project Governance by Launching a Vote on a Multi-Tier Privilege System for Large WLFI Holders.

The model introduces mandatory staking for holders of unlocked tokens and creates two tiers that provide access to OTC conversion of USD1 and partner programs.

Under the proposal, holders of unlocked WLFI will be able to vote only after staking their tokens for at least 180 days, while locked tokens will retain their governance rights without changes. Voting power will be calculated using a formula that takes into account both the size of the stake and the lockup period, limiting the concentration of influence among large holders.

Company management notes that staking rewards will be available only to active governance participants. The base yield is set at approximately 2% annually and will be credited to users who vote at least twice during the lockup period.

The vote will be held on the Snapshot Vote platform and will last for 7 days. For the proposal to pass, a quorum of 1 B WLFI and a simple majority of votes, excluding abstentions, will be required.

This post is for informational purposes only and does not constitute advertising or investment advice. Please do your own research before making any decisions.

0

Comments

0