Remove 17B circulating supply that hasn't even moved

General
1

We acknowledge the liquidity allocation of 1–3 billion tokens as a necessary component of the launch, yet the decision to release 10 billion ecosystem tokens, which are currently unmoved in the allocation wallet it raises serious concerns. This move, coupled with 7.78 billion tokens held in ALTS wallets, has inflated the circulating supply by approximately 17.78 billion tokens without a vesting schedule, defying logical deployment strategy. The initial circulation of 24 billion tokens, exacerbated by this release, undermines the project’s potential. The 10 billion ecosystem allocation, sitting idle and unsold, appears to drag the token’s value downward, prompting questions of either avarice or incompetence. We propose immediate action to restore trust and align with community interests through the following measures:

Issues Identified:

Proposed Actions:

  1. Token Burning: Implement an immediate burn of the 10 billion ecosystem tokens to reduce circulating supply and signal commitment to scarcity.

  2. 20% Staking for Early Adopters: Introduce a 20% staking feature locking 4.934 billion tokens, rewarding early supporters and reducing effective supply by approximately 20%, enhancing holder alignment.

  3. Accelerated Borrow and Lend Feature: Deploy the borrow-and-lend functionality using USD1 integration as soon as possible to boost adoption and lock an additional 3 billion tokens, fostering utility.

  4. Enhanced Burn Mechanism: Commit to an annual set burn, integrating 100% of POL fees (currently 0.3%, proposed at 1%) and 50% of USD1 fees (0.1% baseline, adjustable to 1%) to maximize supply reduction.

  5. App Release: Launch the WLFI App by September 15, 2025, to drive adoption and support higher trading volumes.

Rationale:

  • Supply Reduction: Burning 10 billion tokens directly addresses the inflation, while staking and lending lock 7.934 billion more, potentially reducing supply to 6.8578–16.6726 billion depending on fee structures and volume.

  • Burn Projections:

    • 0.3% POL + 0.1% USD1 (50%): 16.0158–17.8122 billion burned.

    • 1% POL + 0.1% USD1 (50%): 22.9648–24.8012 billion burned (capped at 20 billion).

    • Volume decay to $1.5 billion: 7.9974–8.9059 billion burned.

  • Staking Impact: Locking 4.934 billion with 16.0158–17.8122 billion burned nets 1.9238–2.7202 billion effective reduction.

  • Borrow and Lend: Locking 3 billion with burns up to -0.2798–0.9166 billion (capped at 0) further tightens supply.

  • App-Driven Volume: At $6 billion volume, burns of 31.8287–37.9427 billion (1% USD1) could drive supply to -7.1587–13.1613 billion (capped at 0), amplifying scarcity.

  • Trust Restoration: Transparent burns (recorded on-chain) and community-driven features align incentives, countering perceptions of greed or mismanagement.

Voting Options:

  • FOR: Approve the burn of 10 billion ecosystem tokens, implement 20% staking, accelerate borrow-and-lend, and enhance the burn mechanism with POL and USD1 fees.

  • AGAINST: Maintain current allocation and fee structure without changes.

This proposal aims to rectify the launch misstep, leveraging burns, staking, and utility to rebuild trust and position $WLFI for sustainable growth. Act now to vote and demand transparency

245 Likes
2

POUR : Approuver la combustion de 10 milliards de jetons d’écosystème, mettre en œuvre un jalonnement de 20 %, accélérer l’emprunt et le prêt et améliorer le mécanisme de combustion avec des frais POL et 1 USD.

16 Likes
3

I’m voting for burn 10billion token and vest 20%

30 Likes
4

Voting for burn.. We can do it for the early investors and for the long term..

13 Likes
5

I approve to lock the 17bill supply

9 Likes
6

Burn will take years to start since it happens in wlfis own liquidity pool

8 Likes
7

exactly you’re right thank you Borris that’s also why it needs to be USD1 burns included and even then more steps need to be taken.

4 Likes
8

Ok. Đốt hết đi. Cung nhiêù quá làm giá không thể tăng

3 Likes
9

FOR: Approve the burn of 10 billion ecosystem tokens, implement 20% staking, accelerate borrow-and-lend, and enhance the burn mechanism with POL and USD1 fees.

3 Likes
10

A FAVOR: Aprovar a queima de 10 bilhões de tokens do ecossistema, implementar staking de 20%, acelerar o empréstimo e aprimorar o mecanismo de queima com taxas de POL e USD1.

3 Likes
11

I’m voting for burn 10billion token and vest 20%

8 Likes
12

FOR: Approve the burn of 10 billion ecosystem tokens, implement 20% staking, accelerate borrow-and-lend, and enhance the burn mechanism with POL and USD1 fees.

5 Likes
13

FOR: Approve the burn of 10 billion ecosystem tokens, implement 20% staking, accelerate borrow-and-lend, and enhance the burn mechanism with POL and USD1 fees.

5 Likes
14

For : Burn of tokens and staking

4 Likes
15

This is great and it is possible to return the trust

5 Likes
16

FOR: Approve the burn of 10 billion ecosystem tokens, implement 20% staking, accelerate borrow-and-lend, and enhance the burn mechanism with POL and USD1 fees.

4 Likes
17

This proposal is pointless. You listed out a list of demands when the team already has a plan in mind.

  1. Obviously they will be releasing the app, when it is ready
  2. Obviously, they will releasing the lend and borrow features, when they’re ready.
  3. The allocation tokens will obviously be utilized for the points program or other incentives – just because the markets are irrational and move quickly has nothing to do with the fundamental value of the token.

Why are you trying to rush the team to release? The community already rushed and demanded the token be tradable ASAP.

Extremely ignorant to assume that they don’t already have a plan in mind. We already have another proposal in-progress, let that get voted upon before asking for a wishlist of 20x things that are already going to be done soon. The allocation is fine - it’s already out there. Let’s see what they plan on doing with it first before crying foul. For all we know, they could airdrop to all holders.

12 Likes
18

FOR: Approve the burn of 10 billion ecosystem tokens, implement 20% staking, accelerate borrow-and-lend, and enhance the burn mechanism with POL and USD1 fees.

7 Likes
19
  • FOR: Approve the burn of 10 billion ecosystem tokens, implement 20% staking, accelerate borrow-and-lend, and enhance the burn mechanism with POL and USD1 fees.
3 Likes
20

The team in charge to look the way to manage this situation, but I believe with strong adoption everything can be well organized in favor or investors.

2 Likes