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World Liberty Financial proposes immediate 10% burn of insider WLFI allocation

World Liberty Financial proposes immediate 10% burn of insider WLFI allocation

World Liberty Financial has put forward a governance proposal targeting over 62 billion WLFI tokens across early backers and internal stakeholders, as it seeks to restructure token locks and future supply.

The plan would trigger the immediate destruction of up to 4.5 billion tokens tied to founders, team members, advisers and partners, representing about 10% of those holdings, if approved.

The proposal also introduces new vesting schedules across stakeholder groups.

Early supporters, who collectively hold about 17 billion locked tokens, would move to a four-year schedule with a two-year cliff followed by linear unlocking. No tokens from this group would be burned.

Founders, team members, advisers and partners, who hold over 45 billion tokens, would face stricter terms.

If they opt into the new structure, 10% of their holdings would be burned, with the remainder vesting over five years, including a two-year cliff. Those who do not accept the terms would remain locked indefinitely but retain their governance rights.

The proposal is intended to address a “governance overhang,” as noted by the team.

Since its launch, WLFI has completed six governance proposals with participation ranging from 2.7 billion to 11.1 billion tokens. However, only approximately 23% of eligible locked tokens have participated, leaving the majority inactive.

World Liberty said the changes are aimed at creating a clearer and more predictable framework for token distribution, while ensuring governance power rests with active and committed participants.

The move comes as the project positions itself for its next phase of growth following the rollout of products including its USD1 stablecoin, lending and borrowing markets, and integrations with centralized exchanges.

The proposal will be put to a seven-day vote, requiring a quorum of 1 billion tokens and a simple majority to pass.

Token holders will have ten days to accept the new vesting terms following deployment. Tokens will remain locked by default if no action is taken, and any approved burn will be executed immediately. If the proposal does not pass, the existing conditions will remain unchanged.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.



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Deadspin | Blue Jays bid to pick up steam in rematch vs. skidding Brewers <div id=""><section id="0" class=" w-full"><div class="xl:container mx-0 !px-4 py-0 pb-4 !mx-0 !px-0"><img src="https://images.deadspin.com/tr:w-900/28730521.jpg" srcset="https://images.deadspin.com/tr:w-900/28730521.jpg" alt="Syndication: Journal Sentinel" class="w-full" fetchpriority="high" loading="eager"/><span class="text-0.8 leading-tight">Toronto Blue Jays first baseman Vladimir Guerrero Jr. (27) hits an RBI double during the 10th inning of their game against the Milwaukee Brewers Tuesday, April 14, 2026 at American Family Field in Milwaukee, Wisconsin.<!-- --> <!-- --> </span></div></section><section id="section-1"> <p>The Milwaukee Brewers will turn to Chad Patrick on the mound as they look to halt their six-game skid when they host the Toronto Blue Jays on Wednesday night.</p> </section><section id="section-2"> <p>Patrick (1-0, 0.73 ERA) will oppose fellow right-hander Dylan Cease (0-0, 2.45).</p> </section><section id="section-3"> <p>Toronto won the series opener with a wild 9-7 comeback victory in 10 innings Tuesday. The Blue Jays scored three runs in the ninth off struggling closer Trevor Megill, only to see the Brewers tie the score at 6 with two runs in the bottom of the inning.</p> </section><section id="section-4"> <p>Myles Straw doubled to drive in a pair of runs to key a three-run 10th inning, lifting Toronto to just its third win in the last 11 games.</p> </section><section id="section-5"> <p>“it’s huge. This is the best kind of win, in my opinion,” Straw said. “This is what we did a lot of last year, and last year we were a really good team. So that’s what it’s going to take.”</p> </section><section id="section-6"> <p>The losing streak is the Brewers’ longest since the team dropped six straight games in June 2023. Milwaukee is 0-4 on its current six-game homestand.</p> </section><section id="section-7"> <p>Cease, who will make his fourth start of the season, has allowed six runs (four earned) in 14 2/3 innings. He has struck out 26, walked nine and has yet to allow a homer.</p> </section><section id="section-8"> <p>Cease allowed two runs (one earned) in five innings in his most recent start but did not get a decision in a 4-3 win over the Los Angeles Dodgers last Wednesday. He struck out eight but walked four in a 96-pitch outing.</p> </section><br/><section id="section-9"> <p>Cease is 1-1 with a 3.18 ERA in four career starts vs. Milwaukee, with 32 strikeouts in 22 2/3 innings. He faced the Brewers once last season while with the San Diego Padres, allowing one run on six hits without a decision in a 3-1 defeat.</p> </section> <section id="section-10"> <p>Daulton Varsho, who played collegiately at nearby Wisconsin-Milwaukee, was 2-for-5 with a homer Tuesday to extend his hitting streak to five games. He is batting .409 with three homers, two doubles and six RBIs over that span.</p> </section><section id="section-11"> <p>Patrick will make his fourth appearance and third start of the season. He came out of the bullpen his last time out, following an opener with three scoreless innings in his team’s 7-3 loss to the Nationals on Friday. </p> </section><section id="section-12"> <p>Patrick has allowed just one run in 12 1/3 innings, with seven strikeouts and five walks. He has yet to face the Blue Jays in his career.</p> </section><section id="section-13"> <p>Megill, who had 30 saves in 36 chances last season, is 0-2 with a 14.40 ERA. Tuesday was his first blown save in three opportunities. In his previous outing, he allowed four runs, facing five batters without getting an out.</p> </section><section id="section-14"> <p>Brewers manager Pat Murphy would not rule out a change at closer.</p> </section><section id="section-15"> <p>“We’ll see. I don’t know for sure. I like to talk to other people about it,” Murphy said. “Obviously you can’t have a guy go out there six times and three times not do the job. The way he’s throwing the ball now, he doesn’t deserve it.”</p> </section><section id="section-16"> <p>Both Jake Bauers and Gary Sanchez hit their fifth homers of the season for Milwaukee in Tuesday’s loss, giving them a combined 10 of the team’s 18 homers.</p> </section><section id="section-17"> <p>Third baseman Luis Rengifo, signed as a free agent by the Brewers during the offseason, is batting .128 and is hitless in his last 19 at-bats.</p> </section><br/><section id="section-18"> <p>–Field Level Media</p> </section> </div> #Deadspin #Blue #Jays #bid #pick #steam #rematch #skidding #Brewers

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Everton marks Hillsborough anniversary with permanent memorial at new stadium <div id="content-body-70865825" itemprop="articleBody"><p>Everton on Wednesday marked the 37th anniversary of ​the Hillsborough disaster by unveiling ‌a permanent tribute at its ​new Hill Dickinson ⁠Stadium to the 97 football fans who died after the tragedy in ‌1989.</p><p>The fans, many of them young, were crushed ‌in an overcrowded, fenced-in ‌enclosure ⁠at the ground in ⁠Sheffield, northern England, at an FA Cup semifinal between Liverpool and Nottingham ​Forest. It was ‌one of the world’s worst stadium disasters.</p><p>The memorial depicts two young mascots holding hands – ‌a girl wearing an Everton ​shirt with the number nine and a boy ⁠in Liverpool red with the number seven – symbolising unity that ‌transcends the clubs’ historic Merseyside rivalry.</p><p>“Everton welcomed representatives of the Hillsborough families, and friends from Liverpool Football Club, to Hill Dickinson Stadium today to ‌pay respects to the 97,” ​Everton said in a statement.</p><p>Liverpool greats Kenny Dalglish and ⁠Ian Rush laid floral tributes on ⁠behalf of the club at the unveiling.</p><p>Everton hosts ‌Liverpool in the Premier League on Sunday.</p><p class="publish-time" id="end-of-article">Published on Apr 15, 2026</p></div> #Everton #marks #Hillsborough #anniversary #permanent #memorial #stadium

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