The Trump family recently announced the launch of a new DeFi project called World Liberty Financial (WLFI), which includes the sale of a token of the same name. The token is part of their plan to promote decentralized finance and stablecoins, which they believe will strengthen the dominance of the US dollar on the global stage. About 63% of the WLFI tokens will be sold to the general public, 20% will be allocated to the team, and 17% will be used for user rewards.
WLFI tokens will be used exclusively as a governance token, meaning they provide the right to participate in the governance of the platform, but do not provide direct financial benefits to their holders. The sale will be conducted only for accredited investors to bypass the strict requirements of the SEC in the US. One of the key points of the project is to promote the use of stablecoins around the world to support and strengthen the position of the dollar.
The WLFI team claims that it aims to make DeFi accessible to everyone by simplifying the processes of investing, borrowing, and lending. However, the project faces a number of challenges related to regulatory risks and possible hacking due to the political component.
The ultimate goal is not only to create a new crypto product, but also to possibly use it to influence the global financial system in favor of the United States   
The project is currently ongoing and political events surrounding the Trump family could impact the success of WLFI.
