#US presidential candidate #donaldtrump is launching a DeFi project while running his election campaign. Trump will explain the details of the project he is advancing with his sons tonight at 00:00 on X.
US presidential candidate Donald Trump will announce the details of the DeFi project called World Liberty Financial in a few hours. It will be broadcast on X at 00:00 UTC time, and unanswered questions about the project will be answered.
On the other hand, there are some ways to go. The project is likely to be a decentralized crypto lending platform. World Liberty Financial is expected to offer a system where owners can lock their assets and bring them. The official channels of the project frequently refer to stablecoins, and it is emphasized that stablecoins will be operated worldwide based on this.
Other information that has emerged shows that World Liberty Financial has also increased a token called WLFI. This token will be offered with a pre-sale. It is planned to obtain 537 million works from the sales. Allegedly, there are strong elements between World Liberty Financial and another DeFi project, Dough Finance. It was determined that team parts of World Liberty Financial, especially Chase Hero, were involved in Dough Finance. Dough Finance experienced a hack in July, in which 2.1 million crypto pieces were stolen.
Some important figures in the crypto industry are on the permanent advisory staff. Sandy Peng, co-founder of Scroll, one of the leading L2 networks, as well as Luke Pearson, a friend of Polychain Capital, a crypto-focused and large investment, are among the team members.
World Liberty Financial was first announced in August by Trump's sons Eric Trump and Donald Trump Jr., saying, "We are coming to shake up the crypto world." It was learned that Trump's youngest son Barron was also involved in the project.
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