World Liberty Financial, a decentralized finance (DeFi) protocol supported by Donald Trump and his family, is planning to sell tokens starting on October 15th, three weeks before the presidential election. The project, spearheaded by Zachary Folkman and Chase Herro, aims to raise $300 million from the token sales and has garnered public support from members of the Trump family. The upcoming token, WLFI, will serve as the protocol's governance token and allow users to vote on development initiatives. The project also plans to launch on Aave's v3 platform for providing liquidity for various digital assets. Meanwhile, blockchain-based prediction market Polymarket sees Donald Trump as the frontrunner in the election.
- Content Editor ( coindesk.com )
- 2024-10-11
Trump-Supported World Liberty Financial Will Start Public Token Sale Next Week