A community proposal to launch a governance participation incentive program for WLFI has passed on Snapshot, according to Odaily. The measure received 82.13% of votes in favor, with 9.17% against and 8.70% abstaining. A total of 2,306 addresses took part in the vote, representing about 2.114 billion WLFI, above the required quorum of 1 billion tokens. Under the proposal, holders of unlocked WLFI must lock their tokens for at least 180 days and directly participate in at least one governance vote every 90 days to qualify for dynamically calculated rewards. Votes cast through delegation will not count toward the participation requirement. The program is slated to go live before Oct. 1 and will replace the original proposal that was approved on March 12.
World Liberty Financial’s community proposal to launch a WLFI governance participation incentive program has passed on Snapshot, according to Odaily.
The vote closed with 82.13% in favor, 9.17% against, and 8.70% abstaining. A total of 2,306 addresses participated, with roughly 2.114 billion WLFI cast, exceeding the formal quorum threshold of 1 billion tokens.
Under the proposal, holders of unlocked WLFI must lock their tokens for at least 180 days and directly participate in at least one governance vote every 90 days to receive dynamically calculated rewards. Delegated voting will not count toward the participation requirement.
The program is planned for launch before Oct. 1 and will replace the original proposal approved on March 12.
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