World Liberty Financial’s governance approved a USD1 growth proposal amid criticism after onchain data showed the top nine wallets (many flagged as team-linked or strategic partners) controlled roughly 59% of voting power, with the single largest wallet holding 18.786%. Locked WLFI holders were reportedly unable to vote, prompting concerns of insider influence and dilution. Critics said the firm could liquidate treasury assets instead of diluting holders. Separately, WLFI has applied for a U.S. national trust banking charter and launched World Liberty Markets, an onchain lending platform tied to the USD1 stablecoin.

Onchain data shows concentrated voting control (top nine wallets ≈59%, largest 18.786%) and locked holders were unable to vote, which supports a negative sentiment for token holders. The story mentions potential dilution, critics' proposals to liquidate treasury instead, and new product/charter moves (national trust banking charter, onchain lending for USD1), which could influence market perception and trading decisions in the short term.