On-chain data shows that 14.175 billion WLFI tokens matching the holdings disclosed by U.S. President Donald Trump were moved into an unlock contract on May 19 through a multisig transfer, setting the first clear liquidation timeline for a position valued at about $800 million. Under the vesting plan, participants must burn 10% of their tokens immediately upon entry, accept a two-year cliff, and then follow a three-year linear release schedule. That means the tokens cannot be sold before May 2028.
The transfer came from six internal wallets. The largest wallet deposited 15.75 billion WLFI and retained 14.175 billion after the burn, matching Trump’s disclosed holdings. Two other wallets each deposited 3.75 billion tokens, while three wallets each deposited 2.25 billion. The unlock contract now holds 46.1 billion WLFI, making it the largest single holder and putting it close to half of total supply. WLFI’s total supply has also fallen from a 100 billion cap to 96.7 billion.
The vesting plan was created through a governance proposal passed around May 6 with support from 11,537 wallets. World Liberty Financial spokesperson David Wachsman said the community backed founder burns and that co-founders moved tokens into the smart contract to complete the burn while accepting the strictest lockup terms among all token holders.
On-chain data shows that 14.175 billion WLFI tokens matching the holdings disclosed by U.S. President Donald Trump were moved into an unlock contract on May 19 through a multisig transfer. The move sets the first clear timeline for monetizing a position valued at about $800 million.
Under the vesting plan, participants must burn 10% of their tokens immediately when entering the program. The structure then imposes a two-year cliff, followed by a three-year linear release schedule. On that timetable, the tokens cannot be sold until May 2028 at the earliest.
Six internal wallets sent tokens to the contract
Blockchain data shows that six internal wallets transferred WLFI into the contract. The largest wallet deposited 15.75 billion WLFI and retained 14.175 billion after the burn, matching the amount in Trump’s disclosed holdings.
Two other wallets each deposited 3.75 billion WLFI, while three wallets each deposited 2.25 billion.
Unlock contract becomes the largest single holder
The unlock contract now holds 46.1 billion WLFI, making it the largest single holder of the token and placing it close to half of the total supply. WLFI’s total supply has already been reduced from its 100 billion cap to 96.7 billion.
Governance proposal passed in early May
The vesting plan was created through a governance proposal passed around May 6, with 11,537 wallets voting in favor. Under the proposal, founder token holders can voluntarily convert an indefinite lockup into a two-year cliff plus a three-year vesting period.
World Liberty Financial spokesperson David Wachsman said the community vote supported founder token burns, and that the co-founders moved tokens into a smart contract to complete the burn while taking on the strictest lockup terms of any token holders.
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