World Liberty Financial, the decentralized finance (DeFi) project linked to the Trump family, presented today, April 15, 2026, a proposal to unlock 62.28 billion WLFI governance tokens, amid the controversy generated by its circular borrowing strategy.
The proposal was posted on the forum of WLFI governance and is currently under discussion.
In it, different unlocking conditions are established depending on the type of token holder. For the first investors, who accumulate 17 billion tokens, The unlocking would not be immediate, they would have to wait two years before starting to receive their WLFI gradually over two additional years, without losing any portion of your allowance.
The situation is different for founders, team, advisors and partners, who together control 45.2 billion tokens. Although they would also face a two-year wait, their assignment period is extended to three years. Added to this is that 10% of its allocation, some 4.5 billion tokens, would be burned immediately once the proposal is approved.
Among those who make up this group are members of the Trump family such as Eric Trump, Donald Trump Jr. and Barron Trump, who are co-founders of the project. Also co-founders are Zach Witkoff and Alex Witkoff, sons of real estate magnate Steve Witkoff, as well as Chase Herro and Zachary Folkman.
All of those tokens remained frozen with no release date or defined exit mechanism. The proposal is, in practice, the first concrete roadmap that opens a way for liquidity.
If it advances to a vote, the unlocking schedule would come into effect from the date of approval. The voting period would be seven days, with a minimum quorum of 1 billion WLFI tokens and a simple majority as the approval threshold. Holders of locked tokens would have a period of 10 days from the implementation of the functionality to express their intention.
The proposal justifies the mechanism by pointing out that it seeks to eliminate uncertainty about the participation of holders. “The protocol should no longer generate uncertainty about whether they will vote or not,” the firm indicates. “This proposal offers each holder of locked tokens a clearer and time-bound moment to express their intention.”
The protocol describes the current moment as a breaking point. «The foundation is built. What comes next requires a governance structure that reflects true long-term conviction, not just from the team, but from all token holders with a locked position.”
The proposal comes amid controversy. As CriptoNoticias reported last week, World Liberty used 5 billion of its own tokens as collateral in the Dolomite lending protocol — where it represents more than 55% of the total liquidity — to get 75 million dollars in stablecoins.
That circular debt strategy, which uses assets issued by the platform itself to finance itself, sparked widespread criticism in the cryptocurrency community and comparisons with previous collapses in the DeFi ecosystem.
The blow to the price of the WLFI token, after the controversy, caused a 20% drop in the last week and at the time of publication of this note it is trading around $0.080, 82% below its all-time high of $0.46, recorded on September 1, 2025.