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The Trump family’s crypto project will open "team access" for the lock-up of $5 million tokens
World Liberty Financial voted on a proposal that allows WLFI token holders with $5 million or more to gain "direct access" to the team. The proposal received 99.12% approval from 1800 participants. Meanwhile, 76% of the tokens were held by just ten wallets.
A three-tier staking system was approved. When locking up any amount of tokens up to 10 million WLFI, holders can participate in voting, earn staking rewards, and receive "deposit incentives" in the USD1 stablecoin.
Starting from 10 million WLFI ( approximately $1 million in staking, the Node level begins, which adds the ability to convert stablecoins to USD1 at a 1:1 rate on the over-the-counter market. Upon depositing from 50 million WLFI ) approximately ( million and advancing to the Super Node level, users will be able to obtain "guaranteed direct access to the WLFI team for discussing partnership opportunities."
The new format essentially creates paid access for projects wishing to discuss partnerships with the top management of World Liberty Financial. Additionally, the new system stipulates that voting rights will only be granted to those who have WLFI locked in staking.