WLFI Proposes Token Transferability in Decentralization Initiative
World Liberty Financial (WLFI), the DeFi protocol started by the Trump family, has published a community proposal to make its native governance token, WLFI, transferable and tradable on non-native platforms.
The move is to transition WLFI from a closed, internal governance framework to an open, more decentralized finance framework, making tokenholders more engaged in protocol decisions.
From Closed Governance to Open Participation
Currently, WLFI tokens are non-transferable and function within a siloed system, restricting trading as well as broader participatory governance.
The roadmap shows the transition to facilitate secondary-market trading—both decentralized markets and peer-to-peer platforms. Tokenholders will enjoy greater voting control over emissions, incentive schemes, and treasury decisions if the proposal is approved.
Trump’s Financial Windfall and Reduced Stake
The bid follows a decline in the Trump family’s WLFI holdings. DT Marks DeFi LLC, the owner of the family’s stake, cut its share from 75% to 55% in June.
President Trump reported a $57 million profit from WLFI in a June financial disclosure. His crypto operations—WLFI, the Trump memecoin, NFTs, and other digital assets—have built a reported $620 million wealth for him in addition to his $6.4 billion net value.
Political Backlash and New Law
The president’s widespread involvement with crypto has alarmed Democratic lawmakers. Congressman Adam Schiff recently introduced the COIN Act, a bill that would prohibit the president and his immediate entourage from issuing or selling cryptocurrencies.
The proposal to decentralize WLFI authority could be a preemptive move to ease regulatory tensions and fit more generalized DeFi precepts.
