The WLFI token, the native voting token of World Liberty Fi, is set to begin trading within 6-8 weeks following a community vote.
Voting and Approval for WLFI Trading
World Liberty Fi has announced that the WLFI token will start trading in the next 6-8 weeks after a community vote that opened on July 4. The decision to make the token transferable and tradable was reached following community voting.
Market Status and Analysis of WLFI
WLFI currently has limited mechanisms for price discovery, mainly relying on pre-market trading on Lbank. The token is hovering around $0.76 with trading volumes of about $500K. The community has expressed disappointment regarding the delay of the trading launch and had expected a quicker implementation.
World Liberty Fi Activities and Future Plans
World Liberty Fi remains an active trader, managing over $201M in various crypto assets. The platform utilizes wrapped versions of BTC and ETH for its DeFi activities and continues its interactions with protocols on Ethereum and BNB Smart Chain. Another presale round is planned, though this decision has not been put to a community vote.
The WLFI token trading is emerging amid World Liberty Fi's active operations and the community's intense reactions. The anticipation of finalizing plans could influence demand for the token.