What I Found in WLFI Governance & Public Proposals
1. Gold-Paper (official document)
Their “Gold Paper” does not explicitly promise gold-backing for WLFI tokens.
Rather, WLFI is framed primarily as a governance token, not a gold-asset token, according to its terms of use.
2. Governance Proposals
There is a proposal to make WLFI tradable (previously non-transferable), which was passed overwhelmingly.
Another proposal is to enable staking for WLFI, to give holders more governance power and incentives.
There’s also a proposal to use all fees from protocol-owned liquidity (POL) to buy back and burn WLFI tokens.
3. No Gold-Backing Mentioned
None of the active or passed proposals mention creating a gold reserve or converting any WLFI token backing into gold.
Given that staking, tradability, and burn/buy-back are the main governance topics — gold-backing does not appear in their public governance agenda.
Always DYOR and manage your risks!