According to ChainCatcher, Trump's crypto project World Liberty Financial will be based on the decentralized financial platform Aave and the Ethereum blockchain, using a non-transferable governance token WLFI and a credit account system. The project is said to be inspired by the DeFi protocol Dough Finance, although it has not yet been confirmed whether its code base will be used. Dough co-founders Zachary Folkman and Chase Herro are also involved in the operation of the project. Trump family members, including Donald Trump Jr., Eric Trump and Barron Trump, are involved in the planning of the project. The Trump family has alerted the public to potential scams and said that official announcements will be released through their channels.