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WLFI proposes governance staking system and USD1 usage incentives

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World Liberty Financial has introduced a proposal to increase governance participation. The plan includes a staking mechanism requiring token lock-ups and rewards for using the USD1 stablecoin.

World Liberty Financial (WLFI) has released a proposal to increase participation in its governance. I see this as an attempt to secure long-term commitment from token holders. The team suggests that governance votes should require holders to stake their tokens for at least 180 days. This measure aims to ensure voting power is held by participants with long-term alignment to the protocol, rather than short-term holders or speculators. Under this system, stakers would earn an annual percentage rate of 2%. This reward applies provided they participate in at least two governance votes during the lock-up period. Governance power is calculated based on the amount staked and the time remaining in the lock-up. Users with locked tokens can continue to vote as usual. I recommend reviewing the lock-up terms carefully before committing funds.

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WLFI proposes governance staking system and USD1 usage incentives