The Trump family-led defi protocol World Liberty Financial (WLFI) raised $5 million by selling 344 million WIFI tokens in the first hour of its token sale, according to Crypto Briefing. That's well short of the $300 million goal. The outlet wrote that âWIFI is designed to be the platformâs governance token, allowing users to participate in certain DeFi activities like creating lending liquidity pools." However, compared to other projects with little to no actual utility â and especially given former President Donald Trumpâs endorsement â itâs a remarkably weak showing out of the gate.
Trump Defi Project Falls Short of Goal, Raises Only $5 Million
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