World Liberty Financial and Aave: A Partnership for DeFi Expansion

4 hours ago

World Liberty Financial (WLF), supported by the Trump family, steps into the decentralized finance (DeFi) world by choosing Aave V3 for its project.

Why World Liberty Financial Chose Aave

World Liberty Financial chose Aave due to its reliability and success in the DeFi space. They believe that this partnership will attract more users to decentralized finance. The plans include introducing a new token, $WLFI, with 63% of it offered to the public. WLF also plans to return 20% of the earned interest back to the Aave community, creating a mutually beneficial collaboration.

New Tokens and Assets

World Liberty Financial isn't stopping at just borrowing and lending. Their plan includes bringing in assets that don't fit with Ethereum's current market through connections with traditional finance. WLF will also introduce non-fungible tokens (NFTs) for selected investors, potentially attracting more people to join DeFi.

63% of the $WLFI supply will be distributed among the community, 17% will be used for user rewards, and 20% will be for the team.

What’s Next?

The proposal is up for a vote by AaveDAO members and $WLFI token holders. Both communities need to approve the plan before WLF can officially launch on Aave V3. If approved, WLF will bring new liquidity and users to Aave's platform, strengthening its position as a leader in DeFi while expanding its user base.

If the vote passes, this partnership could strengthen Aave's position as a leader in DeFi, while aiding WLF in growing its user community.

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