World Liberty Financial (WLFI) has formalized a vesting schedule for founder tokens, including President Donald Trump’s roughly $800 million stake, while separately introducing a new governance engagement incentive program.
On-chain records show that on May 19, six wallets holding World Liberty Financial insider tokens moved 30 billion WLFI into a new vesting contract. Each wallet was required to burn 10% of its tokens upon entry. The largest wallet deposited 15.75 billion WLFI and retained 14.175 billion after the burn, an amount which matches the founder allocation publicly disclosed as Trump’s stake in the project. The vesting contract immediately became the largest single WLFI holder, holding nearly half of the total supply, while the total WLFI supply fell from 100 billion to 96.7 billion as a result of the burns.
The schedule imposes a two-year cliff and a three-year linear unlock, meaning the earliest possible sale date is May 2028. The tokens remain non-tradable. The plan was approved through a governance vote around May 6, with 11,537 wallets voting in support. Founder token holders were given the option to swap an indefinite lockup for the new vesting schedule; those who did not participate remain locked indefinitely.
David Wachsman, a spokesman for World Liberty Financial, confirmed the move, saying the community voted in support of a founder burn and that co-founders accepted "the strictest conditions and the longest vesting schedule of all token holders." The project also stated that the transfers were not connected to any upcoming token listings or plans to sell.
In a separate governance proposal, World Liberty Financial outlined a new WLFI Governance Engagement Incentive Program with a target launch date of October 1. The program requires a minimum 180-day lock through a non-custodial, on-chain protocol, and participants must vote on at least one governance proposal every 90 days to remain eligible for rewards. Reward funding would come from a dynamic pool fed by ecosystem sources, including fees from World Liberty Markets and Dolomite. The proposal includes a 5% cap on voting-power concentration through the staking protocol, and all WLFI holders keep governance rights whether or not they lock tokens.
WLFI has drawn attention in part because Congress is reviewing the Clarity Act, which would require senior government officials with large crypto holdings to divest or place assets in a qualified blind trust. Trump has reportedly agreed to the provision, although the wallets entered the vesting contract months before the latest version of the Clarity Act was drafted, and the legislation still requires 60 Senate votes to advance.
The new incentive arrives while World Liberty Financial is still dealing with Justin Sun’s lawsuit over frozen tokens and governance rights, which remained in open court after a ruling against the company last month.
At the time of reporting, WLFI was trading around $0.057 to $0.060, down roughly 1.4% to 1.7% on the day. The token remained more than 70% below its price from one year ago and recently touched an all-time low near $0.048, a steep decline from the $0.33 high recorded last September.
