A public disagreement between Justin Sun, founder of Tron, and WLFI, a crypto project linked to Trump, intensified on Wednesday as Sun vehemently opposed a new governance proposal. Sun described the proposal as 'one of the most absurd governance scams' he has encountered, stating that it punishes token holders who vote against it by locking their tokens indefinitely. He also alleged that he and other large token holders were excluded from the voting process, with roughly 4% of the voting power under his control being frozen. Furthermore, Sun questioned the legitimacy of the vote, suggesting that control of the protocol rests with anonymous wallet addresses, including a multisignature setup that can override outcomes and a separate account capable of blacklisting users.
In response, a spokesperson for World Liberty Financial stated that the proposal is designed to align all participants in the WLFI ecosystem for the long term, ensuring optimal long-term participation and a healthy market supply. This dispute is the latest in a series of escalating tensions between Sun and WLFI, which have been building over several months.