World Liberty Financial to Start Token Sale on October 15
World Liberty Financial is a DeFi protocol which has announced to start its highly-hyped public token sale on October 15. The WLFI token sale has gained much limelight as it is backed by ex-President of the United States Donald Trump and his family, hence considered to be a plunge into the world of DeFi. The sale represents investment opportunities for the whitelisted qualifiers of the project-a new opportunity extended to crypto enthusiasts and Trump supporters alike.
Trump Family Endorsement
Donald Trump is presently vying for re-election as the Republican presidential candidate, but he has voiced open support for World Liberty Financial by using his influence to champion the project. So, too, have his sons Eric Trump and Donald Trump Jr. become quite vocal in their support. They work together to establish World Liberty Financial as one of the top players in DeFi. It has named Trump “Chief Crypto Advocate”, and his sons “Web3 Ambassadors”. Even Barron Trump has been listed as the “DeFi Visionary” for the project.
Their public endorsement gave the project really tremendous exposure among Trump’s millions of supporters, most of whom are legion enough to want to participate in the token sale. This is one of the highest-profile political figures to jump into the DeFi and crypto ecosystem and make real-life testimony to the digital asset’s importance in mainstream finance and political discourse.
Token Sale and Fundraising Goals
The WLFI token is a governance token; as such, it provides the right to vote for the platform initiatives and development direction to its holders. This project plans to raise a total of $300 million at an initial valuation of $1.5 billion. According to the roadmap, the funds raised will go into developing and expanding the DeFi services on the platform, placing it as one of the pillars in decentralized finance.
Built on Aave’s Platform
World Liberty Financial intends to go live on Aave’s v3, which is built on the Ethereum blockchain. It will provide liquidity for blue-chip assets such as ether, wrapped bitcoin, and stablecoins, and may expand to other digital assets. Aave is indeed one of the powerhouses in DeFi lending, making it quite strategic for WLFI’s launch into space.
Through its integration with the Aave v3 platform, WLFI hopes to facilitate liquidity seamlessly for all users and to solidify its place as one of the most important forces in decentralized finance. Backed by the Trump family, with a clearly outlined roadmap, World Liberty Financial is about to gain huge interest with the token sale just around the corner.
