WLFI, a token linked to a project associated with Donald Trump, is preparing for a significant step forward with its public trading starting on September 1.
Transition from Presale to Public Trading
According to the project's announcement on August 22, WLFI will debut on the Ethereum network, opening 20% of allocations to early investors who joined at $0.015 and $0.05. The remaining 80% will not follow an automatic vesting schedule; holders themselves will decide through community governance votes, aligning token supply with collective interests.
Lockbox System for Distribution Management
WLFI introduced the Lockbox system, a wallet-based portal where investors must activate their accounts to receive their balances. Once activated, presale balances are transferred to the Lockbox for controlled claiming. This system, audited by the Web3 security firm Cyfrin, highlights the project's focus on maintaining audit standards for asset handling.
Prospects for WLFI and Other Emerging Projects
The WLFI launch will begin with decentralized exchange listings, with announcements regarding centralized exchange partners expected soon. While WLFI prepares for its launch, investors are also looking at new projects like MAGACOIN FINANCE, which is quickly gaining attention due to its growing community.
The WLFI launch is a significant milestone for both its investors and the broader experiment of community-led token supply. The project underscores the importance of community engagement and the potential for new initiatives in the cryptocurrency market.
