World Liberty Financial (WLFI) has unveiled a community proposal to transition its governance token to a transferable model, marking a strategic shift from closed-system operations to decentralized finance principles. The move would enable WLFI token trading on secondary markets including decentralized exchanges, currently prohibited under the platform's restricted framework.
The proposal emerges amid ongoing congressional scrutiny of President Donald Trump's crypto ventures, with WLFI's co-founder status drawing particular attention. Platform representatives suggest that achieving sufficient decentralization could alleviate regulatory pressure, noting the token's current limitations in governance participation and price discovery mechanisms.
——This transition represents our commitment to DeFi's core values of openness and community governance—— stated the proposal's lead architect in forum discussions.
Recent disclosures reveal the Trump family reduced their WLFI holdings by 20% in June through DT Marks DeFi LLC, continuing a divestment trend begun last December. The president reported 【$57 million】 in WLFI-related income in June government filings, part of a broader 【$620 million】 crypto windfall that now constitutes 9% of his estimated $6.4 billion net worth.
Democratic lawmakers have responded to Trump's crypto engagements with proposed restrictions, including Rep. Adam Schiff's COIN Act targeting executive branch cryptocurrency promotion. The legislation follows Bloomberg reports detailing the president's substantial digital asset portfolio growth during his administration.
Industry analysts note WLFI's transferability proposal could test decentralized governance models' ability to withstand political scrutiny while maintaining compliance with evolving regulatory frameworks.
If approved, the measure would grant tokenholders voting rights on: • Emission schedules • Ecosystem incentives • Treasury management policies The platform's technical documents outline a phased implementation approach, with initial transfer capabilities expected within 【90 days】 of community approval.