Opinion: World Liberty Fi Team Sacrifices Holder Interests and Cashes Out by Manipulating Governance Votes
Odaily News DeFi^2 posted on platform X, stating that this month's governance vote for World Liberty Fi (WLFI) was manipulated. Bubble Maps showed that the majority of key voters were wallets belonging to the team or strategic partners. This vote forcibly passed a $1 growth plan to sell WLFI tokens, while tokens of genuine investors remain locked since TGE and cannot participate in the unlock vote. According to the project's official golden document, 75% of protocol revenue flows to the Trump family, and 25% to the Witkoff family, with WLFI holders having no right to any protocol revenue. The team has currently transferred 500 million WLFI tokens to Jump Trading. DeFi^2 believes that due to WLFI's lack of governance rights and revenue sharing, coupled with selling pressure from the foundation, its $17 billion valuation lacks intrinsic value support. DeFi^2 has been intermittently shorting WLFI since the pre-market price was above $0.34 and expects the token price to continue declining due to dilution, deliberate cash-outs, and other factors.
