CandleFocus Trump’s DeFi Project World Liberty Proposes Partnership with Aave
2024-10-10
Author: Content Editor
World Liberty Financial (WLF), a DeFi project supported by the Trump family, has applied to join Aave V3, citing the platform's security protocols and expertise in the DeFi space. This partnership will allow WLF to offer its users a secure environment for borrowing and lending cryptocurrencies. WLF intends to use Aave's reserve factor model to invest 20% of interest earned into the Aave ecosystem reserve. They also plan to launch a non-fungible token called WLFI for accredited investors. The proposal will be presented to the Aave DAO community for voting, and WLFI token holders must approve the plan before it can be implemented.
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