> For the complete documentation index, see [llms.txt](https://docs.worldlibertyfinancial.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.worldlibertyfinancial.com/resources/faq.md). # FAQ Find answers to frequently asked questions about World Liberty Financial, USD1, WLFI governance and staking, and the token unlock process. ## USD1 ### What is USD1? USD1 is a stablecoin redeemable on a 1:1 basis for the U.S. Dollar (USD). USD1 is 100% backed by a reserve containing short term U.S. government treasuries, U.S. government money market funds, U.S. dollar deposits, and other cash equivalents, and all such reserve assets are held or maintained by BitGo Trust Company, Inc., a South Dakota-chartered trust company ("BitGo Trust"), and/or by BitGo Technologies LLC, a federally registered money services business and state-licensed money transmitter ("BitGo Tech", together with BitGo Trust and their other affiliates, "BitGo"). BitGo issues USD1, and World Liberty Financial, Inc. and its affiliated entities, own the World Liberty Financial USD1 brand and provide certain services. BitGo processes all initial purchases and redemptions of USD1 and provides related technical infrastructure and services. ### How is USD1 fully backed to be 1:1 with the US Dollar? Every USD1 in circulation is backed 1:1 by assets held in reserve by BitGo, primarily in U.S. Dollar deposits, U.S. government money market funds and other cash equivalents. For more information, please see the [reserve reports](https://www.bitgo.com/usd1/attestations/#reports) and the [proof of reserves](https://por.worldlibertyfinancial.com/). ### Can I convert my USD1 into fiat currency? Eligible customers of BitGo may redeem USD1 for an equivalent amount of USD directly from BitGo. Other holders of USD1 may be able to exchange USD1 via the various exchanges, platforms, and regulated custodians that have agreed to support the exchange of USD1 for USD, subject to their terms and eligibility requirements. ### Where can I use USD1? We expect that USD1 will be usable across a wide range of platforms, exchanges, multiple chains, and accepted at retail locations. It will also be integrated into WLFI's DeFi protocol, where, subject to eligibility, holders may engage in a variety of activities with USD1 including lending and borrowing once operational. We are working to actively build out the ecosystem to make USD1 as widely accessible as possible. ### Are USD1 reserves examined? USD1's reserves will be periodically examined by an independent third-party firm to confirm that every issued and outstanding USD1 is backed by an equivalent amount of reserve assets. *** ## WLFI Governance ### General #### How do I take part in governance? $WLFI exists for one thing: governance. You propose, discuss and vote on what the World Liberty Financial protocol does. If you don't plan to take part, you shouldn't buy it. Ideas start on the forum, World Liberty Financial screens formal proposals, holders discuss them, and holders vote on Snapshot at [vote.worldlibertyfinancial.com](https://vote.worldlibertyfinancial.com/). You don't need to stake to vote. Staking unlocked $WLFI does not add voting power. It makes you eligible for potential rewards in USD1, which you can claim once your 180 days are up and your votes are in. Anything not answered here: . #### Do I have to stake to vote? No. Any $WLFI you hold can vote: in your wallet, staked, or as locked tokens. Staking does not add voting power. It makes you eligible for potential rewards in USD1. ### Proposals #### How do we discuss potential proposals? Proposals are discussed in the "Forum". The Forum is available at [https://governance.worldlibertyfinancial.com](https://governance.worldlibertyfinancial.com/). Community members must register for an account prior to participating in the Forum. Please note that the Forum is not restricted to $WLFI token-holders. Any person with an account may participate in the Forum. While the Forum is the place to discuss potential WLF Protocol governance initiatives and "temperature check" initiatives prior to voting, no actual token voting occurs on the Forum, and no actions taken on the Forum determine votes, and some discussions on the Forum may be entirely social. #### How do I make a formal proposal for voting? Formal proposals are made through Snapshot at [vote.worldlibertyfinancial.com](https://vote.worldlibertyfinancial.com/). Any user who owns and custodies a votable $WLFI token can create a proposal; staking is not required to vote or propose. WLF screens proposals prior to voting and reserves the right to disallow any proposal that would create a legal or security risk. #### What happens after a proposal is submitted? Once a proposal is submitted, it enters the Community Review phase. During this period, all $WLFI owners can review the proposal, provide feedback, and discuss its implementation. There is no required minimum discussion period, but the voting period for a given proposal is usually 7 days from the moment it reaches Snapshot, subject to change by the Company in certain circumstances. #### How do you prevent spam proposals? The Company screens proposals and may disallow any proposal it believes is reasonably likely to be spam in nature. Eventually, through the governance process, additional screening measures may be created that allow for users to directly make proposals. ### Voting #### How does voting work? When a proposal is approved for voting, Snapshot records who holds $WLFI at that moment, and those holders can vote. Most votes are a simple yes or no. If a proposal has more than two possible outcomes, ranked choice voting may be used. To vote, connect a wallet holding $WLFI to Snapshot at [vote.worldlibertyfinancial.com](https://vote.worldlibertyfinancial.com/). $WLFI in your wallet, staked $WLFI and locked tokens all count the same, up to the limits below. #### How do I know if a proposal is open for voting? Proposals will generally be announced on Forum. Formal proposals may be made through Snapshot and can be viewed there. You must register with Forum to receive information on proposals for voting. #### How long are votes open? The voting period for a proposal is usually 7 days from the moment it reaches Snapshot, subject to change by the Company in certain circumstances. #### How does a proposal pass? It needs a majority of the $WLFI voted, and at least 1 billion $WLFI must take part. These thresholds can change over time through governance. #### Does staked $WLFI count for more? No. Staked $WLFI counts the same as $WLFI in your wallet or locked tokens. Staking doesn't change your voting power. #### Are there any limits on how many tokens I can vote? Yes. World Liberty Financial wants governance spread out, so one holder can vote at most 5,000,000,000 $WLFI, which is 5% of total supply. That applies across all the wallets a person controls, and World Liberty Financial can adjust it to 5% of the $WLFI that can actually vote. Staked $WLFI and locked tokens count toward the same limit. World Liberty Financial does not currently vote $WLFI held in its treasury. #### What if I delegate my votes? Delegating lets someone else vote with your voting power. Your $WLFI doesn't move: it stays in your wallet or staked. Only votes you cast yourself count toward claiming staking rewards, and your delegate's votes don't count for you. If you delegate after staking, the votes you've cast since staking still count. While your power is delegated, you can vote only with power others delegate to you, and each proposal you vote on counts once toward your claim. If no one delegates to you, remove the delegation to vote again. #### Can I vote if my $WLFI is with an exchange or third party custodian? Not directly. Ask your exchange or custodian how they handle voting. To vote yourself, move your $WLFI to a wallet you control and connect it to Snapshot. It has to be in that wallet before the proposal's snapshot is taken. The same goes for staking: $WLFI on an exchange usually can't be staked. #### Can I transfer my $WLFI? Unlocked $WLFI can be transferred. Some early supporter $WLFI hasn't unlocked yet. These locked tokens can vote, but they can't move or be staked until they unlock. Grants to founders, advisors and others generally stay non-transferable, and World Liberty Financial decides the timing of and any conditions for unlocks. Staked $WLFI can't be transferred until the staking position's 180-day lock expires and you unstake. Tokens added later share the original unlock date. #### What happens if I do not vote? If you only hold $WLFI, nothing happens, except that you skip the one thing the token is for: a say in what World Liberty Financial does. If you stake, you can't claim your rewards until your votes are in: one for every full 90 days staked, counted on the day you claim, so the number rises the longer you stay. Only votes cast after you staked count. See "What if I fall behind on votes?" under Staking & rewards. ### Staking & rewards #### What is staking? Staking opens a position with a 180-day lock on your unlocked $WLFI. Tokens added later share the original unlock date. It does not change your voting power: staked $WLFI counts the same as $WLFI in your wallet or locked tokens. While it's staked, you can earn potential rewards in USD1 from a shared pool. Rewards build from day one while the program runs, and you can claim them once your 180 days are up and your votes are in. #### What do I need to stake? Unlocked $WLFI on Ethereum, in a wallet you control. $WLFI on an exchange usually can't be staked. Locked tokens, the early supporter $WLFI that hasn't unlocked yet, can vote but can't be staked. #### Can I have more than one stake, and is there a minimum? Each wallet has one staking position. To add more, add to it before your 180 days are up, or claim and restake after. The minimum for a stake or an addition is 0.01 $WLFI. #### How long does staking lock my $WLFI? Your initial stake is locked for 180 days. Tokens added during that period unlock on the same date, so they are locked for the remaining time. After that, it stays staked and can continue earning potential rewards while the rewards program remains active, until you claim or unstake. There's no deadline to claim. #### Can I unstake early? No. Your $WLFI can't leave the staking contract until the staking position's 180-day lock expires, including any tokens added during that period. #### Can I add to my stake later? Yes, before your 180 days are up, and it won't restart the clock. What you add is locked and claimed together with the rest. After the 180 days, claim and restake to add more. Adding tokens does not reset your vote count or require extra votes just because you added more. Added tokens start earning potential rewards from the date they are added. #### How many votes do I need to claim? One for every full 90 days you've been staked, counted on the day you claim. So 2 at 180 days, 3 at 270, 4 at 360. A vote on any $WLFI proposal on Snapshot counts, as long as you cast it from the wallet you used to stake, after you opened the staking position. If you restake, the count starts again from zero. Your staking dashboard shows your count and what you need. #### What if I fall behind on votes? Your rewards keep building while the program runs, but you can't claim them until your votes are in. Keep voting as proposals come up: only votes cast from your own wallet after you staked count. The voting requirement is not reduced if there are too few proposals available to meet it. If you can't catch up, after your 180 days you can unstake without claiming, with Unstake & forfeit rewards. Your $WLFI goes back to your wallet, and the rewards you didn't claim go back to the pool for other stakers. Before 180 days there is no exit. #### What can I earn? You can earn potential rewards in USD1. While the program runs, they build from the day you stake until you claim, even after your 180 days are up. Once your 180 days are done and your votes are in, you can claim. Nothing is guaranteed. #### How much could I earn? There's no fixed rate. Rewards come from one shared pool, and your share depends on how much of the total staked is yours. Your rewards also depend on how long each amount has been staked; tokens added later earn only from the date they are added. The rate is the same for everyone and moves with the size of the pool and the total staked, so it can go up or down while you're staked. Any figure you see is an estimate of today's rate, not a promise. #### What happens when I claim? When you claim, you choose what happens to your $WLFI in the same step. Claim and restake sends your USD1 to your wallet and locks your $WLFI for another 180 days: it keeps earning, and your vote count starts again from zero. Claim and unstake sends your USD1 and your $WLFI to your wallet, and it stops earning. There's no deadline to claim, but the longer you wait, the more votes you need. #### Is the rewards program permanent? No. It's a promotion and can change or end at any time. #### Can staking be paused? Yes. Staking can be paused, for example to respond to a security risk. While it's paused, you can't stake, add to a stake or restake. After your 180 days, you can still claim and unstake, or unstake and forfeit your rewards. #### Who holds my staked $WLFI? The staking contract. World Liberty Financial does not take custody of your staked $WLFI. You stake, vote and unstake from your own wallet. ### Proposal Implementation #### How are approved proposals implemented? Once a snapshot is approved, if such approval (or disapproval) requires on chain Platform action, the relevant Multi-Sig shall implement the action. This implementation will occur within a reasonable period of time from the passage of the proposals. Certain upgrade proposals may require extensive audits and other security verifications prior to being safely implemented within the Platform, and the time frame of implementation of a passed snapshot shall be within the sole reasonable discretion of the relevant Multi-Sig. #### Under what circumstances will a vote approved through WLF Protocol governance not be implemented? The Company reserves the right to disallow any proposed or approved proposal which, if implemented, would constitute or create an unreasonable risk of a legal violation (including any contractual obligation), or create a security risk, each as defined in the WLF bylaws. These determinations are made in the discretion of the Company and such determinations are final. ### Other Governance Questions #### Will the WLF Protocol governance platform be upgraded? There are no plans to upgrade the WLF Protocol governance platform. WLF Protocol governance platform may, through the procedures outlined herein, upgrade its voting procedures to include automated implementation of certain proposals or types of proposals, but you should assume no future upgrades will occur. Additionally, all of the parameters listed herein are simply the initial parameters of the platform, and subject to change through the voting process, as long as such changes would not cause WLF to violate any laws or contractual obligations. #### Can WLF Protocol governance be suspended if there is a major security risk or other threat? The WLF Protocol or any associated protocol could experience a "Material Adverse Event," meaning any event which prevents the WLF Protocol, or any associated protocol, from functioning in its normal, intended fashion for a prolonged period, or a "Security Risk," meaning any event which stops the WLF Protocol or endangers user's safe use of the WLF Protocol. During Material Adverse Events or Security Risks, WLF Protocol governance control over the WLF Protocol will be completely vested in the Multi-sigs until it is possible to resume normal WLF Protocol governance operations. In addition, a "Security Multi-sig" responsible for WLF Protocol governance, WLF Protocol updates, Material Adverse Events and Security Risks may be approved by token holders and WLF, which Security Multi-sig may have the power to respond to such matters. #### Is World Liberty Financial a Decentralized Autonomous Organization (a "DAO")? World Liberty Financial LLC is a Florida limited liability company ("WLFI"). WLFI administers the WLF Protocol that allows token holder voting for certain WLF Protocol governance decision making. WLFI is not a DAO or an organization of any kind. The WLF Protocol is administratively controlled by one or more Multi-sigs. The number of "signers" and the person(s) who are signers are determined by the WLFI. While WLF Protocol governance is subject to changes initiated by proposals approved by voting token holders according to the procedures set forth herein, WLFI is not subject to any such proposals or votes. $WLFI token holders do not owe any duties to each other or to WLFI. The WLFI governing documents indicate that the WLF Protocol will implement certain WLF Protocol governance proposals if approved by the $WLFI token holder community. #### Does staking give me ownership? No. Staking does not give you ownership in World Liberty Financial or rights to its profits or revenues. Eligibility for potential staking rewards is subject to the staking terms. #### Where can I read the full rules and terms? The docs at [docs.worldlibertyfinancial.com](https://docs.worldlibertyfinancial.com) have the full rules. You sign the staking agreement once in the app, before you first stake. If the agreement is updated, you'll be asked to sign the new version before you can stake, claim or unstake. For anything else, email . *** ## Unlock $WLFI ### Who is eligible for the unlock feature? You are eligible if you purchased WLFI tokens during the public sale between approximately October 14, 2024 and March 14, 2025, participated in either the $0.015 or $0.05 price rounds, and still hold the tokens in the original wallet that received them. ### Why is my wallet balance showing 0 WLFI after signing the Token Unlock Agreement? This is expected after you sign the Token Unlock Agreement. Your tokens are held in the unlocking smart contract. You can view your allocation and claimable balance on the Unlock page. ### Can I claim partial amounts? When you claim, you receive all available unlocked tokens. You cannot select a specific amount. The claim function transfers all currently claimable tokens to your wallet. ### What happens if I don't claim immediately? Nothing. Your tokens remain safely in the unlocking contract. There's no deadline to claim, and you can claim at any time. Unclaimed tokens continue to accumulate as more tokens unlock. ### Can I transfer tokens before claiming? No. While tokens are in the unlocking contract, they cannot be transferred. You must claim them to your wallet first, then you can use them as you wish. ### What about the remaining 80% of tokens? The remaining 80% of tokens will be unlocked according to terms decided by the community through governance proposals. Stay tuned to [governance announcements](/wlfi-token/wlfi-governance.md) for updates. ### I purchased tokens but I'm not seeing the unlock option. What should I do? Ensure you're: 1. Connected with the same wallet that received the tokens 2. On Ethereum Mainnet 3. A participant from the original $0.015 or $0.05 sale rounds If you still don't see your allocation, please [contact support](/resources/contact.md). ### What if I'm blocked or see an error on the Unlock page? For security and compliance reasons, some accounts may be restricted. If you see a blocked message: 1. You may try again later 2. Contact support for general assistance 3. We cannot provide specific details about restrictions for security reasons ### Do I need ETH for the unlock process? Yes. Both the activation (signing) and claiming transactions require ETH for gas fees. Ensure you have sufficient ETH in your wallet before proceeding. *** ## Need More Help? If your question isn't answered here, please reach out to us: * **General inquiries**: * **Governance questions**: * **Support**: [Contact Support](/resources/contact.md) --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation by asking a question. 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