$FTT $FET $FIDA World Liberty Financial roadmap leaked to media.
According to it, 20% of the WLFI offer will be sold next week.
Thus, the team plans to attract $300 million at a valuation of $1.5 billion.
Tokens will not be transferable for one year.
The World Liberty Financial project, which was created with the involvement of the sons of politician Donald Trump, plans to attract $300 million at a valuation of $1.5 billion. This was reported by The Block with reference to the protocol roadmap.
According to the publication, the funds will be raised through the sale of WLFI governance tokens. The project team is expected to sell 20% of the offering between October 14 and 20, 2024, with a fully diluted valuation of $1.5 billion.
This is probably only the first round of sales, The Block emphasized. Recall that according to the tokenomics of World Liberty Financial, a share of 63% of the offer is provided for these purposes.
Only accredited investors from the US will be allowed to purchase WLFI. The project team previously announced that “thousands of users” had registered for the whitelist.
WLFI itself is a governance token. However, the transfer of assets will be blocked for 12 months, even if the quorum decides otherwise, according to tokenomics.
The project is a lending protocol based on Aave V3 on the Scroll network, a second-tier solution of the Ethereum blockchain. The platform will transfer 7% of the supply to the Aave DAO organization.
