Dear WLFI Governance Community,
I am submitting a formal proposal regarding the management of WLFI tokens that are not intended for initial circulation, specifically the 10B ecosystem portion for World Liberty Financial, Inc. and the 7.78B tokens held by Alt5 Sigma Corporation as part of its treasury strategy.
Background
At launch, WLFI publicly stated that only around 5B tokens (20% of public sale allocations) would be unlocked. This created a clear expectation within the community that the initial circulating supply would be limited to these tokens.
I’m not suggesting this is a scam - in fact, I am a long-term supporter - but apart from yesterday’s Medium post, you never clearly disclosed this information in the unlock announcement (https://x.com/worldlibertyfi/status/1959004565585445109?s=46) or in any of your previous posts on your X account.
However, according to official documentation, the allocations at launch include:
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7.78 billion tokens held by Alt5 Sigma Treasury.
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2.88 billion tokens for liquidity and marketing purposes
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10 billion tokens for the WLFI ecosystem
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4 billion tokens allocated to public sale participants, representing their initial 20% unlock.
Summing these allocations, approximately 24.67 billion tokens are listed as available, which is significantly higher than the promised 5 billion circulating tokens. Only the 4 billion public sale tokens + LPs were truly unlocked for investor use; the remainder remain in treasury or designated for ecosystem and marketing purposes.
Including the ecosystem and treasury tokens in circulating supply contradicts the original public proposal on X and may mislead the community regarding actual liquidity and market availability.
We don’t want the community to leave this project, and we trust that you will take the necessary steps to regain our confidence.
Proposal
To ensure transparency and proper governance, I propose the following actions:
Vesting Contract Implementation: Transfer the 10 billion ecosystem tokens and 7.78 billion Alt5 Sigma treasury tokens into a vesting smart contract, following the same framework as the other treasury-held tokens that currently have a “vesting TBD” designation in official documentation.
Clear Vesting Schedule: The vesting contract should be publicly auditable and include a defined schedule once determined, consistent with existing treasury tokens.
Community Governance Approval: Any modification to the vesting schedule or early token release must require community vote.
Accurate Circulating Supply Reporting: Only tokens that are truly unlocked and freely tradable (currently the 4 billion public sale tokens) should be counted as circulating supply in official reports.
Expected Benefits
Transparency: Aligns reported circulating supply with actual unlocked tokens.
Community Trust: Strengthens confidence in WLFI’s governance and prevents misleading impressions of liquidity.
Consistency: Ensures the ecosystem and treasury tokens are managed identically to existing treasury tokens with vesting TBD.
Regulatory Alignment: Reduces potential risk of allegations of misleading disclosure or misrepresentation.
Market Confidence: Protects WLFI’s credibility with exchanges, investors, and the broader crypto community.
Conclusion
Implementing a vesting contract for the non-circulating ecosystem and Alt5 Sigma treasury tokens, consistent with the other treasury-held tokens that have “vesting to be determined”, is essential to uphold transparency, accountability, and community governance. This ensures that the circulating supply reflects only tokens genuinely available to the public and that WLFI honors its original commitments to investors.
I respectfully request that the WLFI Governance Community consider and vote on this proposal to protect the integrity of the project and the interests of all stakeholders.
Sincerely,
Victorio Molina.
I agree. How do we get more attention to this ?