WLFI Proposes Governance Staking System Proposal, Minimum Token Voting Requires 180-Day Staking

Odaily News The WLFI team has released a proposal for a governance staking system. The proposal requires WLFI token holders who have not locked their tokens to stake in order to participate in governance voting, with a minimum lock-up period of 180 days. Governance weight will be calculated using a square root weighting formula. Stakers who actively participate in governance can receive WLFI staking rewards with an approximate annualized rate of 2%.

The proposal establishes a three-tier structure: Basic stakers will receive governance voting rights and USD1 deposit incentives; the Node tier requires staking at least 10 million WLFI (approximately $1 million), granting OTC conversion rights to exchange USDT, USDC, etc., for USD1 at a 1:1 parity through third-party market makers. The first 1,000 nodes can also receive additional rewards based on conversion volume; the Super Node tier requires staking at least 50 million WLFI (approximately $5 million). In addition to enjoying all Node tier benefits, Super Nodes gain priority access for direct collaboration with the WLFI team and eligibility for potential economic incentives.

The proposal points out that during the previous USD1 expansion phase, market makers obtained arbitrage profits of approximately 15 basis points through minting and selling cycles. WLFI also paid an additional subsidy of several million dollars to facilitate redemptions. This proposal aims to redirect this value from a few intermediaries back to long-term ecosystem participants. The proposal voting period is 7 days, with a passing threshold of 1 billion WLFI voting tokens.