After Donald Trump 's first steps in the cryptocurrency market as well as information aboutassassination attempts on him, in the early morning of September 17, 2024, the Trump family announced World Liberty Financial (WLFI), their crypto project. So what is World Liberty Financial (WLFI)? Let's learn about this project with Coin68 through the article below.
What is World Liberty Financial (WLFI)? Learn about the Trump family project
What is World Liberty Financial (WLFI)?
World Liberty Financial (WLFI) is a project that will reportedly Vai as a crypto bank with 70% of the project’s Capital held by members of the Trump family. The platform will reportedly allow investors to deposit and borrow money in crypto and pay interest to the platform.
According to information found by the community, World Liberty Financial will have the ticker WLFI. According to USA TODAY, World Liberty Financial will have its own stablecoin and will be Peg to the USD, in addition, only pre-verified investors will be able to buy Token.
Approximately 63% of WLFI’s total supply will be sold publicly to the community, 17% will be retained as liquidity rewards, and 20% will be reserved for the project team. The WLFI token will only have governance functions, with non-transferable functionality and require investor identity verification. This can be seen as a measure to allow this token to be issued in the US as well as Token XEM Token .
According to USA TODAY, Donald Trump’s two eldest sons have made statements about the project. Specifically, Eric Trump said that the company will promote World Liberty Financial as a method of financial independence while Donald Trump Jr. used the phrase “Make Finance Great Again” to talk about this project.
Basic information about WLFI Token
Currently, World Liberty Financial has not announced information about WLFI or the listing of this Token . Coin68 will update as soon as there is the latest information from the project.
WLFI Token Allocation Ratio
- Team (20%): 20% of the total supply of WLFI Token will be sent to the project team.
- Public Sale (63%): 63% of the total supply of WLFI Token will be used for public sale.
b- Reward (17%): 17% of the total supply of WLFI Token will be used as rewards for users.
What is WLFI Token used for?
Currently, according to the published information, the WLFI Token will mainly serve the function of project management. In the future, Coin68 will update as soon as there is more information about the use of the Token from the project.
Summary
Above is all the information about World Liberty Financial and the advantages that this project will bring to the market in the future. Through the article, Coin68 hopes to give readers an overview of World Liberty Financial as well as the potential of this project in the future.
Note: Coin68 is not responsible for any of your investment decisions. Wish you success and earn lots of profit from this potential market!
