The WLFI token, developed by the World Liberty Financial platform and linked to the family of former U.S. President Donald Trump, is officially launching on the Ethereum mainnet.
WLFI Token Launch
The WLFI token will launch on the Ethereum mainnet on August 25. Starting September 1, early investors will be eligible to unlock 20% of their tokens, while the remaining 80% will be released later via a community vote. The launch introduces a new "Lockbox" mechanism, designed for secure and transparent token distribution.
How the Lockbox Mechanism Works
Before receiving any WLFI tokens, users must activate the Lockbox, an on-chain smart contract controlling token unlocks. Once activated, the user’s WLFI tokens are moved from their wallet to the Lockbox, and the wallet balance shows zero, which is expected and intentional.
Token Unlock Timeline: - **Before September 1**: Activate Lockbox on the official WLFI website. - **Starting September 1**: Claim 20% of your WLFI tokens. - **Remaining 80%**: Unlocked gradually, based on a community governance vote.
The Lockbox opens August 25, giving investors a week to activate and prepare for trading. This contract has been fully audited by Cyfrin, a well-known Web3 security firm.
Who Gets WLFI Tokens?
Early investors from the $0.015 and $0.05 rounds can unlock 20% starting September 1. Founders, team, advisors, and partners currently have no access to any tokens. New investors can buy WLFI via DeFi platforms (DEXs) and centralized exchanges (CEXs). Exchange partnerships will be announced in the coming days.
With token launches backed by high-profile political figures, WLFI has the potential to become one of the most talked-about DeFi tokens of the year, focusing on transparency and community governance.