Trump-Linked WLFI Token Faces Decentralization Test as Governance Vote Begins

The World Liberty Financial (WLFI) project, associated with former President Donald Trump, has initiated a critical governance vote to determine whether its tokens will become tradable. This move serves as a litmus test for the project's claims of decentralization, as early backers' holdings WOULD be unlocked while team allocations remain frozen.

The July 4 proposal outlines a phased approach to market participation, with a subsequent vote planned to release remaining allocations. While framed as routine DeFi governance, the vote exposes tensions between ideological commitments and liquidity pressures that define WLFI's unique position in crypto markets.

Market observers are watching closely to see whether early supporters will cash out or hold, as the outcome could signal the project's long-term viability. The team cites strong community demand as justification for the timing, but the vote ultimately probes whether a Trump-branded crypto project can maintain credibility in a space that prizes decentralization above all.