World Liberty Financial, a crypto platform backed by Donald Trump, offers blockchain projects favorable token exchange conditions with WLFI without vesting periods.
WLF's Investment Offers
The proposal involves a requirement for projects to purchase at least $10 million worth of WLFI tokens, with an additional 10% fee. In return, WLF commits to buying an equivalent amount of the project's native tokens. The platform plans to launch WLFI tokens with a $1.5 billion valuation in the third quarter of this year.
Platform Launch and Trump's Family Involvement
World Liberty Financial was launched in September 2024 with support from the Trump family. Eric Trump serves on the board, and an affiliated LLC is entitled to 60% of the project's equity, 75% of the fee revenue from the token sale, and 22.5 billion WLFI tokens valued at $1.1 billion. The platform aims to democratize access to financial services, allowing users to lend, borrow, and invest in cryptocurrencies.
Objectives and Functions of the WLF Platform
WLF aims to strengthen the global status of U.S.-pegged stablecoins in the DeFi space. It's built on Aave v3 technology, providing users with the opportunity to earn on their crypto holdings. WLFI serves as governance tokens, granting holders voting rights on the platform's decisions. They are non-transferable and cannot be traded or sold.
World Liberty Financial offers blockchain projects unique collaboration conditions aimed at enhancing user access to DeFi applications.
