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What is World Liberty Financial?
World Liberty Financial is a decentralized finance (DeFi) project reportedly backed by former U.S. President Donald Trump and members of his family, including Eric Trump, Donald Trump Jr., and Barron Trump. The project's primary objective is to reinforce the global influence of the U.S. dollar within the DeFi ecosystem.
Key Highlights:
High-Profile Endorsement: World Liberty Financial has gained attention due to its reported endorsement by Donald Trump and his family.
Token Sale: The WLFI token is currently available for purchase through a public sale that requires Know Your Customer (KYC) verification.
Token Utility: WLFI tokens will not be transferable and do not carry any economic rights at this time. Their sole function will be governance-related voting rights.
Project Overview:
World Liberty Financial positions itself with the mission to “Make crypto and America great by driving the mass adoption of stablecoins and decentralized finance.” The project aims to secure the dominance of U.S.-backed stablecoins as the global standard for value transfer—mirroring the long-standing role of the U.S. dollar in traditional finance.
Though the platform has not officially launched, early information indicates that it will debut as an instance of Aave V3—a decentralized marketplace for lending and borrowing cryptocurrencies. This approach will allow the platform to utilize Aave's infrastructure while sharing protocol revenue.
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