Recently, World Liberty Financial received near-unanimous support from its community to make the WLFI token tradable. This decision opens new opportunities for token holders.
Community Voting Results
The vote regarding the trading of the WLFI token concluded on July 16 with an impressive 99.94% support. It commenced on July 9 and lasted a week. This decision transitions the WLFI ecosystem from closed participation to a more open model, allowing peer-to-peer transfers and access to secondary markets.
Trading Plan for the Token
WLFI token trading will begin in stages. Initially, only a portion of the tokens sold to early backers will be unlocked. The remaining supply, including founder and advisor allocations, will be locked until the community conducts more votes to decide on future release schedules.
Trump Family's Role in the Project
The Trump family continues to play a central role in the project, reportedly holding around 15.75 billion tokens. Trump's sons, Donald Jr., Eric, and Barron, are listed as advisors. Their involvement in WLFI and other crypto ventures has added an estimated $620 million to the family's reported net worth.
The changes in the WLFI ecosystem offer new opportunities for token holders and may lead to increased popularity in the markets. However, with the advent of token trading, heightened scrutiny from regulators may arise.
