Trump-backed WLFI passes proposal letting $5 million stakers buy 'direct access' to team

World Liberty Financial, the decentralized finance (DeFi) protocol linked to the family of U.S. President Donald Trump, put a $5 million price tag on 'direct access' to team members in an almost unanimous governance vote.

Token holders of the venture backed by Eric and Barron Trump passed a proposal on Friday that creates a three-tier staking system for its $WLFI governance token.

The Base tier requires a 180-day lock-up to vote. The Node tier requires staking 10 million $WLFI, roughly $1 million, and grants the ability to convert stablecoins to $WLFI's $USD1 at 1:1 parity through licensed market makers. The Super Node tier requires 50 million $WLFI, roughly $5 million, and grants "guaranteed direct access to the $WLFI team for partnership discussions."

The vote passed 99.12% in favor out of 1,800 votes cast. Over 76% of the voting tokens came from just 10 wallets.

$WLFI spokesman David Wachsman told Reuters on Sunday that the "direct access" refers to the business development team and executives, not specific founders, and doesn't guarantee a partnership.

The company's own Gold Paper, however, lists co-founders Eric Trump, Barron Trump and Steven Witkoff's sons Zach and Alex as part of the team "supporting the WLF commitment."

The proposal's stated motivation is redirecting value from market makers to long-term participants.

$WLFI said that during its $USD1 stablecoin expansion, market makers captured millions in arbitrage at roughly 15 basis points per cycle, and $WLFI paid millions more in redemption subsidies. The Node and Super Node structure routes those economics to large stakers instead.

The Super Node tier is where the proposal goes beyond governance mechanics. $WLFI currently receives "more partnership inquiries than it can productively engage with," the proposal says.

The $5 million staking requirement "serves as a filter to prioritize projects and platforms that are actively supporting and participating in the $WLFI ecosystem, rather than those seeking partnership on a purely opportunistic basis."

Projects that want to talk to the team now need to invest in $WLFI tokens and lock them for six months. That creates buying pressure on the token, reduces circulating supply, and generates a captive audience of large holders who are financially invested in the protocol's success before any partnership discussion even begins.

Meanwhile, $WLFI is also pursuing a national trust bank charter through the OCC, exploring tokenization of real estate and oil and gas assets, and considering the creation of a publicly traded company to hold $WLFI tokens.