The post WLFI governance overhaul approved as community vote passes with 99% support appeared on BitcoinEthereumNews.com.

World Liberty Financial’s governance overhaul proposal has officially passed, receiving overwhelming community support. It marks a major step in the project’s effort to reshape participation and decision-making across its ecosystem. According to Snapshot voting results, 99.12% of votes supported the proposal, representing 2.7 billion WLFI tokens. Only 0.69% voted against, while 0.2% abstained. The vote easily cleared the proposal’s 1 billion WLFI quorum requirement. Participation reached 275% of the required threshold, indicating strong engagement from tokenholders. The proposal was initially introduced on 25 February, with voting taking place between 5 March and 12 March. Governance reset gains overwhelming support The approved proposal introduces a staking-based governance system. Holders of unlocked WLFI tokens must stake their assets to participate in governance decisions. Both stake size and commitment duration will determine voting power. Also, tokens that remain locked will retain voting rights without requiring additional staking. The structure is designed to prioritize long-term participation over short-term speculation. It concentrates governance influence among participants who maintain sustained exposure to the ecosystem. Three-phase implementation plan With the proposal approved, the new governance model will roll out through a three-phase implementation process. Phase one will introduce governance staking for all unlocked WLFI holders. This stage will activate staking rewards alongside USD1 deposit incentives. Phase two will introduce the Node tier. This enables larger participants to access features such as over-the-counter stablecoin conversion mechanisms and liquidity programs tied to USD1 distribution.  It will also include partnerships with licensed market makers and onboarding pathways for qualifying participants. Phase three will activate a Super Node tier, granting qualifying participants access to partnership opportunities and a revenue-sharing framework within the ecosystem. The phased rollout aims to gradually expand the governance framework while integrating WLFI’s stablecoin infrastructure more deeply into the network. WLFI price shows modest stabilization Following the vote,…

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Filed under: News - @ March 16, 2026 4:27 pm