Trump’s $800M WLFI Stake Locked Until 2028 After Token Burn

Onchain records show that an $800 million crypto stake matching Donald Trump’s holding was moved into a vesting contract on May 19, locking any sales until 2028 after a mandatory 10% token burn, according to reporting by The Washington Sun.

The transaction involved six wallets moving 30 billion $WLFI tokens into the new vesting contract. Under the terms of the mechanism, the transfer triggered an immediate destruction of 10% of those tokens. The remaining holdings are now bound by a timeline that prevents sales until a two-year cliff expires, followed by a three-year vesting period.

David Wachsman, a spokesperson for World Liberty Financial, explained the mechanics of the transfer to CoinDesk. The community voted in support of a founder burn. For this to ->

happen, co-founders moved their tokens into a smart contract that would effectuate the burn. The same governance proposal ensures that co-founders have the strictest conditions and the longest vesting schedule of all token holders, Wachsman said.

Governance Proposal Origins and Voting Timeline

The vesting schedule stems from a governance proposal that passed on or around May 6. A total of 11,537 wallets supported the measure, which gave founder-token holders an option to trade an indefinite lockup for the structured two-year cliff and three-year vesting framework.

Platform documentation clarifies that joining the vesting schedule was entirely optional for token holders. Participants who chose not to join remain under an indefinite lockup. According to reports, the wallets entered the contract weeks after World Liberty published the terms of the mechanism and months prior to the emergence of the latest legislative language surrounding the Clarity Act.

Token Sales and Ecosystem Expansion

Alongside the founder vesting moves, World Liberty Financial expanded its token sale efforts following initial success. The decentralized finance platform raised $300 million by selling 20% of its 100 billion WLFI tokens during its initial presale. Following that demand, the platform released an additional 5 billion tokens priced at 5 cents each, a substantial increase from the initial presale rate of 1.5 cents, with a target of raising an additional $250 million.

The offerings have drawn capital from prominent backers. Tron founder Justin Sun increased his investment by $45 million, adding to a prior $30 million stake to reach a total investment of $75 million. While the presale bars US retail participants, global interest remains high for the platform, which uses WLFI as a governance token for its planned decentralized trading system.