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Donald Trump Launches World Liberty Financial, Team Unveils Token Details

Author: Content Editor
The World Liberty Financial (WLFI) project plans to offer borrowing and lending services for cryptocurrencies on the Ethereum blockchain, similar to other decentralized finance (DeFi) applications. The project aims to be more user-friendly and accessible than existing options and will introduce a non-transferable governance token, WLFI. The token distribution plan will be regulated by the US Securities and Exchange Commission (SEC) and will not involve pre-sales or early buy-ins. The majority of the token supply will be distributed in a token sale, with funds going to the project's treasury reserve, founders, team, and service providers. A portion of the supply will be used for incentivizing governance participation and community growth, while the remaining supply will be allocated to the project's team, advisors, future hires, and affiliated entities. Purchasers of WLFI will undergo Know Your Customer (KYC) checks, and the tokens will be sold as unregistered securities under an SEC exemption. However, details of the project are subject to change.

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