This is a simple proposal: vote YES or NO on unlocking 80% of the tokens. Let’s see the real numbers here and how many people in this community want the unlock now.
YES to token unlock
NO, Let’s wait for the team to decide build to add utility to the $WLFI coin
This thing looks dead in the water. USD1 seems to be doing okay, but it’s had no effect on the price appreciation of WLFI. No news or updates from the founders. Nothing is being built out. Might as well unlock.
"I understand the concern regarding a massive unlock and the potential risk it poses to both security and token price stability. However, we could consider an intermediate approach:
Unlock an additional 30% now: This would increase liquidity and attractiveness to new investors, generating vital interest and trading volume for project growth.
Maintain a substantial 50% in reserve: This demonstrates prudence and long-term commitment from the team, which could mitigate some of the fear of a collapse.
Link the additional unlock to robust security measures: Ensuring the contract and platform are audited by recognized security firms, as already planned with the Lockbox mechanism.
This plan could balance the need for market growth and interest with security and stability, rather than waiting entirely for the dApp launch, which might take longer."
75% approved — so what exactly is the WLFI team waiting for to submit the proposal to a real vote?
Several proposals in that direction have already been made, yet nothing has been done.
The team is not waiting anything, you still didn’t get that we cannot propose anything for voting
So named “governance” is working only in one direction..