- World Liberty Financial, a DeFi project backed by Donald Trump, approved a measure allowing major investors to gain direct team access.
- Investors must stake 50 million WLFI tokens (worth roughly $5.3 million) for 180 days to attain “super node” status for partnership discussions.
- The move follows political scrutiny, with Democrats like Senator Elizabeth Warren calling it part of a “disgraceful presidential corruption scandal.”
- Governance participation now requires a 180-day token lock-up, and stakers must vote to earn 2% annual rewards.
World Liberty Financial (WLFI), the decentralized finance project backed by U.S. President Donald Trump and his sons, approved a controversial governance measure on Friday, fundamentally shifting access for its investors. The change implements a tiered framework where locking a $5.3 million stake guarantees direct access to the project’s business team.
Under this new system, investors must stake 50 million WLFI tokens for at least 180 days to achieve “super node” status. This status provides what the project calls “guaranteed access to the WLFI team for partnership discussions,” according to details from the governance vote.
WLFI spokesperson David Wachman clarified that this access is to executives and business development, “not to specific founders,” in a statement to Reuters. The project’s stated goal is to filter for serious, long-term ecosystem participants rather than opportunistic partners.
Consequently, the project is tightening its governance rules, requiring all participants to lock tokens for 180 days. Furthermore, stakers must now participate in at least two governance votes per period to earn a 2% annual reward on their locked tokens.
This strategic shift occurs amid heightened political and regulatory scrutiny. The move follows an investigation launched by Rep. Ro Khanna (D-CA) into a $500 million investment in WLFI by a UAE royal family member, which some fear influenced U.S. export policy.
Meanwhile, prominent Democrats have expressed sharp criticism. Senator Elizabeth Warren stated, “President Trump’s crypto company is now at the center of perhaps the most disgraceful presidential corruption scandal in U.S. history.” She has also voiced alarm over WLFI’s efforts to secure a federal banking charter.
Separately, the team behind President Trump’s Solana-based meme coin has teased an exclusive event for top holders at Mar-a-Lago next month. WLFI’s token was trading around $0.106 on Monday, according to data from CoinGecko.
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