$WLFI Governance
Overview
The sole purpose of the WLFI token is to participate in governance of the World Liberty Financial Protocol (the “WLF Protocol”). WLFI enables token holders to propose, discuss, and vote on governance matters that help shape the direction and evolution of the protocol.
WLFI is not intended for use outside of governance. Token holders who do not plan to participate in governance should carefully consider whether holding WLFI is appropriate.
Governance of the WLF Protocol follows a structured process consisting of proposal submission, community review, and voting.
Governance process
WLFI governance follows a structured process designed to promote transparency and informed decision-making.
Proposal submission WLFI token holders may submit proposals outlining suggested changes, initiatives, or actions related to the World Liberty Financial ecosystem. Submit proposal on forum
Review and discussion Submitted proposals enter a review phase where the community can discuss, ask questions, and provide feedback prior to voting. Review proposal on forum
Voting After the review period, WLFI token holders may vote on proposals. Voting power is proportional to the amount of WLFI held by each participant. Vote on Snapshot
Discussion and proposal forums
Governance discussions and informal proposal development take place on the World Liberty Financial Forum, available at:
https://governance.worldlibertyfinancial.com/
Participation in the Forum is open to the public and is not limited to WLFI token holders. The Forum is intended for discussion, feedback, and non-binding “temperature checks.” No voting occurs on the Forum, and activity on the Forum does not determine voting outcomes.
Formal proposals and screening
Formal governance proposals are submitted through Snapshot at:
https://vote.worldlibertyfinancial.com/
Only users who own and custody votable WLFI tokens may submit proposals for voting. All proposals are screened by World Liberty Financial LLC prior to being approved for voting.
The Company reserves the right to disallow any proposal that, if implemented, would create an unreasonable legal, contractual, or security risk, as defined in its governing documents. Decisions regarding proposal eligibility are made at the Company’s discretion and are final.
Voting mechanics
Voting on governance proposals occurs off-chain via Snapshot, allowing token holders to vote without incurring gas fees. Voting results are recorded and verifiable.
Key voting mechanics include:
A snapshot of token ownership is taken when a proposal is approved for voting
Only token holders included in the snapshot are eligible to vote
Most proposals are single-choice votes, though ranked-choice voting may be used when appropriate
The standard voting period is approximately two weeks, subject to change in certain circumstances
Voting thresholds and limits
Governance voting is subject to the following constraints:
Quorum and approval A proposal requires a minimum quorum of 1,000,000,000 WLFI tokens voted and approval by a majority of the tokens cast. These thresholds may be modified over time through governance.
Voting power cap No single token holder may vote more than 5,000,000,000 WLFI tokens, representing 5 percent of the total token supply. If a holder controls more than this amount across one or multiple wallets, voting power will be capped at 5,000,000,000 tokens.
Treasury tokens Tokens held in treasury by World Liberty Financial are not votable.
Token supply definitions
For governance purposes, the following supply definitions apply:
Total token supply The total number of WLFI tokens ever minted. Fixed at 100,000,000,000 tokens.
Outstanding token supply The total supply minus tokens held in treasury by World Liberty Financial.
Votable token supply The outstanding supply reduced by tokens held by persons or affiliates whose holdings exceed the 5 percent voting cap.
The votable token supply is variable and may change over time. World Liberty Financial reserves the right to adjust voting mechanics to preserve the intended 5 percent voting limitation.
Implementation and non-binding nature
Approval of a governance proposal does not guarantee implementation. Execution of approved proposals is subject to technical feasibility, security review, legal considerations, and operational constraints.
Participation in WLFI governance does not grant ownership, management rights, fiduciary duties, or control over World Liberty Financial. Governance outcomes are intended to inform protocol direction but are not binding in all circumstances.
Custody and voting through third parties
Token holders who custody WLFI through a third-party provider should consult their custodian regarding voting eligibility, procedures, and limitations.
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