Trump's crypto project is hot! 100,000 users rush to register, WLFI token is coming soon!
Donald Trump's cryptocurrency project World Liberty Financial (WLF) is really hot! Before the project publicly issued tokens, more than 100,000 users had registered, which is very popular! 👏👏👏
📢 It is reported that Zach Folkman, head of operations at WLF, revealed in a recent live broadcast that the WLFI token will be based on Ethereum's ERC-20 standard and serve as a governance asset for the decentralized finance (DeFi) platform. Users can borrow and lend cryptocurrencies, create liquidity pools, and use stablecoins for transactions through the platform. But please note that the platform is only open to qualified investors in the United States.
👏 Rich Teo, co-founder of Paxos, also announced that he would join the WLF team as head of stablecoins and payments, which is undoubtedly a shot in the arm for the project!
💰 The WLFI token sale plans to raise $300 million, with a valuation of around $1.5 billion! 63% of the tokens will be sold to whitelisted public members on October 15, 17% will be used to reward users, and 20% will be paid to the team. Tokens are non-transferable for 12 months from the date of distribution, but holders can participate in governance voting immediately!
💡 The WLF platform will start as a DeFi lending platform, launched as an Aave instance on the Ethereum network, and plans to expand to the Ethereum Layer 2 network Scroll. Donald Trump Jr. also praised WLF for introducing a fairer financial system for ordinary citizens and slammed the US banking system as a "big Ponzi scheme."
The WLFI token sale will begin three weeks before the US election on November 5. Are you ready? At the same time, Trump also vowed to make the United States the world's "cryptocurrency capital" if he wins in November!
According to Polymarket data, Trump leads rival Kamala Harris by 9% on the decentralized BC platform, while Harris leads Trump by 2.4% in national polls. Who do you think is better in this collision of cryptocurrency and politics? Come and leave a message to share your views!
