On Wednesday, World Liberty Monetary revealed a governance proposal that will burn 4.5 billion WLFI tokens and restructure vesting for 62 billion “early supporters” together with Justin Solar.
Tron founder Solar, who sank $75 million into the mission plus practically $150 million in commitments to different Trump-linked crypto tasks, referred to as the proposal “tyranny” and “coercion.”
Tokenholders who don’t settle for the brand new phrases might stay locked on the blockchain indefinitely.
A vote that punishes no votes
Solar posted his disagreement inside hours of World Liberty’s proposal arguing that its design is a logical entice. Reject it and threat a everlasting token freeze.
His personal tokens, which he says symbolize roughly 4% of the mission’s voting energy, have remained frozen since September 2025. As a result of his tokens are frozen, Solar holds no means to take part within the vote.
“This is not a governance vote,” Solar wrote. “This is a performance where the police have already barricaded the doors of parliament and only let their own people inside to raise their hands.”
Laura Shin wholeheartedly agreed with Solar. “I’ve seen a lot of crazy things in crypto, but this might be one of the nuttiest,” she stated in reference to the proposal. “Like, truly, WTF.”
MyEtherWallet co-founder Taylor Monahan disagreed, noting the authorized disclosures accessible to Solar when he initially purchased WLFI tokens.
“Everyone bought these tokens literally accepting the fact that they would be locked till somebody decided on a future date that something else will be done to change the circumstances.”
Solar invested $223M in Trump crypto ventures
The proposal added to the escalating social media battle between the Trump household and Solar.
On April 12, Solar demanded that the individuals behind the WLFI account determine themselves. He accused the crew of implanting backdoor controls and freezing investor funds with out disclosure.
Extremely, his complaints arrived months after Solar had already dedicated $223 million into the Trump household’s crypto ventures and acquired a $10 million slap-on-the-wrist settlement of his ominous SEC lawsuit.
Trump’s SEC dropped a lawsuit towards Justin Solar after Solar made a $75 million “investment” (😉) in World Liberty Monetary, the Trump household crypto (rip-off) firm. WLFI completely fleeces Solar and plenty of others. Solar complains. WLFI assaults him. Wonderful stuff right here. https://t.co/xP0iO9BL82
— Tommy Vietor (@TVietor08) April 12, 2026
A lead developer from Yearn Finance revealed an evaluation of WLFI’s sensible contracts, highlighting a particular vesting class for Solar individually. Solar’s particular vesting class contrasts with 519 different buyers sitting in an in any other case equivalent but distinct sensible contract class.
It additionally notes that one administrative pockets of World Liberty Monetary can freeze any holder unilaterally.
That very same pockets runs a stablecoin borrowing loop on Dolomite. The lending protocol’s co-founder, Corey Caplan, additionally serves as a WLFI technical adviser.
World Liberty deposited 5 billion WLFI tokens as collateral, representing the overwhelming majority of all WLFI on Dolomite on the time, to borrow roughly $75 million in stablecoins.
After over $40 million of these proceeds moved to Coinbase Prime, World Liberty later repaid $25 million.
