Early Supporter Unlocking (Explained Simply)

PLEASE SHARE TO ALL WLFI HOLDERS. OPEN FOR DISCUSSION BELOW.

Let’s start and clear things up. :backhand_index_pointing_down:

:memo: Proposal Says:

“A portion of WLFI supply was sold to early supporters.”

:magnifying_glass_tilted_left: Explanation:
“Early supporters” refers to everyone who joined the Public Sale, whether at $0.015 or $0.05. These weren’t two separate sales,it was one continuous event, and the price bump happened naturally due to demand. All participants in that event are considered early supporters.

:memo: Proposal Says:

“A portion of these tokens will be eligible to be unlocked upon launch of tradability.”

:magnifying_glass_tilted_left: Explanation:
This refers to an initial unlock (not vesting). It’s a fixed percentage that will be released to allow trading and early governance participation. The actual percentage hasn’t been announced yet.

:memo: Proposal Says:

“The remainder of the tokens will be subject to a second vote by the community to determine the unlock and release schedule.”

:magnifying_glass_tilted_left: Explanation:
This is where vesting begins but only after another community vote. So don’t expect monthly vesting right away. The community will later decide how much and how often the remaining tokens get unlocked.

:memo: Proposal Says:

“Founders, team, and advisor tokens will not be unlocked initially and will be subject to a longer unlock schedule than early supporters.”

:magnifying_glass_tilted_left: Explanation:
Anyone outside of the public sale (like team or advisors) will have no initial unlock. They are on a longer lockup to show long-term commitment. So only public participants benefit from the first release.

:memo: Proposal Says:

“Timing and any eligibility requirements for unlock to be determined subsequently.”

:magnifying_glass_tilted_left: Explanation:
Further details, like exact unlock date, eligibility, and other conditions —
will be shared soon.

Save this post to avoid confusion when tradability goes live.

https://x.com/tespmoore/status/1942023347052966396

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This is wrong. Early supporters refers to Initial Supporters, which is defined in the Gold Paper. They received 30% of the tokens and their tokens are still locked in the World Liberty Fi multisig.
Pre-sale buyers are not Early/Initial Supporters, but Pre-sale buyers. Their tokens are already distributed and 100% of their tokens will be transferable (circulating supply) upon enabling transfers.

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Wrong! Initial Supporters as per the Gold Paper are Founders and certain service providers: “The remainder of net protocol revenues will be paid to DT Marks DEFI LLC, Axiom Management Group, LLC WC Digital Fi LLC, which are entities affiliated with our founders and certain service providers (“Initial Supporters”).” It seems to me that retail investors who we’re part of the pre-sale are part of the “35% Token Sale” outlined in the Gold Paper : “35% Token Sale: A significant plurality of the $WLFI tokens will be distributed in token sales to eligible participants, enabling widespread participation in the WLF Protocol’s decision-making and growth.” https://static.worldlibertyfinancial.com/docs/intl/gold-paper.pdf

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Wrong. You have no proof of that.

The early supporters on the proposals are buyer for the public sale. 0.015 and 0.05 as one continuous sale.

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Presale buyers are early supporters.

The team can enable unlock even we have the asset 100% in our wallet because of how the token smart contract is written.

https://x.com/tespmoore/status/1938863137752809516?t=8Ox9IuQiZDBEYAaGa3hj-w&s=19

They can manually do the vesting via token contract.

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it’s literally in the Gold Paper - not trying to start an argument just looking for clarity. Also it’s the only place I find “Initial Supportes” I agree though Pre Sale buyers are eraly adopters but they are NOT Initial Supporters that’s all. So we own 35% and not 30% as well as per the Gold Paper :slight_smile:

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The one on the white paper is not defined, thus lost as invalid detials. I would futher argue that inital plans on the Gold Paper is not anymore followed, such as 12 months locks before vote.

One thing also to consider is the team did hide it from public view.

I will stand on this. We are early supporters.

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++ the team is confident. They can allow to transfer the % in your wallet rendering the rest unmovable.

Ok I don’t see the mention of the 12 month lock I just read : “All $WLFI will be non-transferable and locked indefinitely in a wallet or smart contract. until such time, if ever, $WLFI are unlocked through protocol governance procedures in a fashion that does not contravene applicable law” - So since there is a vote it doesn’t really null anything. Anyways I was just saying there is a difference between Early Adopters / Pre-Sale Buyers AND Initial Supporters. Yes we are early supporters I agree 100% but we are NOT Initial Supporters those are the big guys like the service providers etc. SO we do not have 30% of the total BUT 35% as per the Gold Papers (“35% Token Sale: A significant plurality of the $WLFI tokens will be distributed in
token sales to eligible participants, enabling widespread participation in the WLF
Protocol’s decision-making and growth.”) - Appreciate your time

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It is worth noting that the ‘Gold Paper’ is not a regulated document, and additionally contains a considerable amount of errors, thus, can not be held as gospel.

For instance, the section regarding this very point is in fact duplicate document section! there are two 6. sections on page 8.. The extent of the errors show a quick release with even ‘World Liberty’ being spelt as ‘Word Liberty’ on page 13 as a single inference to the level off inconsistencies and errors.

This document should be considered as a Guide. Not a document in which implies capacity to claim.

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Noted with thanks - so what do we refer ourselves to?

Anyways can anyone give me a possible timeline as to when WLFI will be tradable by the general pubic and see some real volatility? :slight_smile: From what I understand 35% will become transferable and tradable by this vote and 30% will then become tradable by a 2nd vote and these 30% will be allocated to the public. Is this correct?

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We are pre-sale buyers. That’s who we are.

Learn how the read the proposal people, it’s not rocket science.

Next Steps (If Approved)

• Execute and enable transferability
• Initiate distribution for eligible early supporters
• Begin community governance with a second vote on remaining unlocks
• Continue ecosystem expansion and partner integrations


Transferability - Distribution to Early Supporters - 2nd Vote

are all listed separately because they are different things.

Transferability makes the coin $WLFI transferable for everyone who has received their tokens (pre-sale buyers, OTC buyers).

Secondly, a % of tokens reserved for early/initial supporters (30%) will unlock and be distributed (currently still in a multisig containing 40% of tokens).

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As WLFI makes progression their representations will follow suit. The Gold Paper was removed from the web site for many obvious reasons, contradictory statements and lack of regulatory compliance and clarity. That, as well as many commercial arrangements i assume fell into place that required a few position changes.

The initial Gold Paper omitted specific risks, such as potential regulatory hurdles, insider token allocation details, or the ecosystem’s actual readiness, to maintain flexibility and avoid alarming the community with those types of statements. With the Genius Act almost ready to be signed into law I would presume new representations will be made in line with the provisions of that Act while maintaining the spirit of the original representations.

Just have to wait and see

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We are pre-sale buyers. Early/Initial supporters are different group of people. The unlock refers to them.

Not sure why you even want pre-sale coins to be locked up? It won’t benefit you.

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just going to throw it out there but there is a difference between Early Supporters and Initial Supporters…

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I disagree - we are Early Supporters but not Initial Supporters. Early Supporters = Pre-Sale Buyers :slight_smile: at least that’s my take

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The Early/Initial Supporters to whom the unlock refers to are thus:

DT Marks DEFI LLC, Axiom Management Group, LLC WC Digital Fi LLC

We are pre-sale buyers. We paid for our tokens. There was no mention of vesting in the pre-sale agreement. Our tokens are already distributed and in our wallets, not in a multisig. We are waiting for our tokens to become transferable. We will have access to 100% of our pre-sale tokens. The total circulating supply of pre-sale tokens is only 25%, and a large part of that was bought by a few entitites like Justin Sun. The true circulating supply among retail is likely in the 10-15% range, which is incredibly low. If World Liberty Financial cuts that even further, it means the Initial Supports will have the majority of circulating supply, which would be completely unfair!

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Well. I’m betting Grok has a greater grasp on the context entirety of the Gold Paper. This is Groks contemplation upon the matter of definition.

____ GROK____
In the context of the World Liberty Financial proposal, “early supporters” likely refers to pre-launch investors or contributors who received tokens at a discounted rate or under specific terms, while “initial supporters” is not mentioned in the proposal, suggesting either a synonymous use with “early supporters” or an undefined group, leaving ambiguity about their distinct roles or benefits.

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So you are saying that this vote is not to make our tokens transferable/tradable but to unlock the Early/Initial Supporters?!

When you say: “We are waiting for our tokens to become transferable” that would be with a 2nd vote I am imagining?

thanks !

1 Like