2026-01-21 03:22:21

Security researchers on social media pointed out that World Liberty Fi (WLFI) has hidden tricks in its recent governance voting. Data obtained through the Bubble Maps on-chain analysis tool shows that the main participants in this round of voting are mostly wallets belonging to the project team or strategic partners, indicating a high concentration of voting power.

What’s more concerning is that the project team forcibly promoted a $1 growth plan to sell WLFI, while genuine retail investors have been locked since the token issuance and have no chance to participate in unlocking votes.

Looking at financial distribution, according to the project’s official documents, 75% of the protocol’s revenue flows to a specific family, 25% to another family, and ordinary WLFI holders? They get nothing. The project also transferred 500 million WLFI tokens to Jump Trading.

From this perspective, WLFI has neither governance rights nor profit sharing, and faces the pressure of large-scale sell-offs by the foundation. The $17 billion valuation—how it’s sustained—is indeed questionable. Some analysts have already started shorting this project, believing that with the release of supply and various cash-out pressures, the price is likely to continue declining.

WLFI4,84%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
5
Repost
Share

Comment

0/400

VibesOverCharts

· 11h ago

Same old trick, voting rights are in the hands of insiders, going in circles --- Retail investors are trapped inside as fodder, this is outrageous --- 170 billion valuation? Laughable, just paper wealth --- 75% allocated to the family, how little regard they have for retail investors --- Jump Trading took 500 million tokens, it seems someone knew the plot in advance --- A project with no governance rights, no dividends, and internal harvesting, why is it worth so much? --- Is this the true nature of Web3 governance? I'm very disappointed --- Tsk, the token has never given retail investors any voice since it was locked --- Foundation's selling pressure + supply release, shorting this is a smart move --- All votes are just insiders putting on a show, is this even a DAO?

View OriginalReply0

AirdropFatigue

· 11h ago

Another Ponzi scheme, huh? Retail investors are the ones footing the bill. Ridiculous, voting rights are all in the hands of insiders. What governance? This valuation is way over the top. Just wait and watch the big rip-off show. Throwing 500 million tokens at Jump, retail investors get nothing? That's crazy. How did they inflate the 17 billion? Such a stupid play. Should have shorted it long ago, just waiting for the drop. Governance my ass, it's still the big players calling the shots.

View OriginalReply0

BearEatsAll

· 11h ago

Retail investors got cut again, this pattern is so familiar --- Centralized voting rights, all profits go to the family? Are they joking --- A 17 billion valuation won't last long, just wait to get off --- I just want to know who is still buying this stuff... --- 500 million tokens to Jump Trading, retail investors don't even get dividends, unbelievable --- Another governance illusion, the project team makes the decisions --- Locked-in retail investors, internalized voting, zero profit distribution, what kind of setup is this --- Seeing Bubble Maps data makes me laugh, it's so transparent --- No governance rights, what's the point of holding, just bury it --- The $1 sale plan is just to offload it

View OriginalReply0

MidsommarWallet

· 11h ago

The WLFI incident is truly outrageous. Retail investors don't even have voting rights and still get cut... --- It's the same old trick, as outdated as it can be. --- A valuation of 17 billion can't be sustained; it will crash sooner or later. --- 75% flows to two families? Why not just say this is a Ponzi scheme? --- Jump Trading takes 500 million tokens? There must be a story behind this. --- If retail investors' locked tokens can't be unlocked, then what's the point for us? --- Governance rights are all in the hands of insiders. Is this still decentralization? Haha. --- Looking at these numbers, those who shorted early must be laughing their heads off now. --- The one-dollar growth plan is just the project team setting up a cash-out channel for themselves. --- With such obvious inequality in profit distribution, why are people still holding the tokens?

View OriginalReply0

GlueGuy

· 11h ago

Another typical case of a rug pull Retail investors' lock-up depends on facial recognition voting, this move is incredible I really can't understand how WLFI's valuation is inflated It's all locked up and they still want to make money, isn't that a daydream? Jump Trading took 500 million tokens, are they planning to dump? 170 billion valuation is purely a numbers game If I had known earlier, I wouldn't have touched this crappy coin

View OriginalReply0