World Liberty Financial has put forward a proposal for WLFI Token Spending, sparking controversy

BlockBeats News, December 20th, World Liberty Financial has put forward a new proposal for WLFI token expenditure, intending to unlock up to 5% of the token supply to drive its U.S. dollar stablecoin USD1 partnership, but the proposal has stirred controversy within the community.

Some holders are concerned that the token expenditure may suppress the price and harm the interests of the remaining approximately 80% locked WLFI token holders, while supporters believe that the incentive measures are conducive to the long-term ecosystem value. World Liberty's token sale has previously raised about $550 million for the project, but the WLFI price has dropped by around 60% from its peak. (DL News)