无界俱乐部
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【 WLFI Project and Token Unlocking Overview 】
On July 4th, the Trump family crypto project WLFI officially announced that the proposal to make WLFI tokens transferable has now taken effect, which may indicate the anticipated launch of the WLFI token.
Let’s take a deep dive into the project and its valuation before WLFI goes live:
1. Project Overview
(1) Founding Background: Founded by the Trump family (Donald Trump and his three sons), positioned as the strongest crypto project with a background in US politics and business.
(2) Core Business: Issuing stablecoin USD1, pegged 1:1 to the US dollar, fully backed by cash and US Treasury bonds.
(3) On-chain Deployment: BNB Chain as the main base (97.8% issued on BNB Chain).
2. Current Business Status
(1) Current Circulation of USD1: Approximately $2.2 billion, of which $2 billion is held in Binance, mainly due to payments made for investments in Binance by Abu Dhabi MGX.
(2) Actual Natural Circulation: Less than $200 million, with extremely low user adoption.
(3) Partnership Expansion:
· Collaborating with Re7, Euler Finance, and Lista to promote the treasury;
· Aave has proposed to introduce USD1;
· CEX Listings: Binance, Bitget, Gate, Huobi;
· DEX Listings: Uniswap, PancakeSwap.
3. Financing Situation and Token Mechanism
(1) Cumulative Financing: Over $700 million;
(2) WLFI Token Distribution: 25% for public sale, 35% reserved in total; there is currently no indication whether the unsold portion will be locked.
(3) Token Attributes:
· Pure governance token, no dividends, no equity;
· Not directly linked to protocol revenue;
· Earnings belong to Trump-affiliated entities.
4. Valuation Projection
(1) Comparable Reference: Circle
USDC market capitalization is approximately $61.7 billion, corresponding to Circle's market cap of about $41.1 to $47.1 billion;
Market cap/stablecoin ratio is 0.66 to 0.76;
(2) Corresponding Valuation for WLFI:
$2.2 billion USD1 * 0.66~0.76 ≈ $1.45 to $1.67 billion;
Corresponding token price is about $0.0145 to $0.0167;
Almost flat with the initial public offering price, making it hard to meet high market expectations.
5. Predicted Token Unlocking Time
When the US Genius Act is officially passed (already passed the Senate, awaiting House review), it may become an important window for the project's public operation.
On July 4th, the Trump family crypto project WLFI officially announced that the proposal to make WLFI tokens transferable has now taken effect, which may indicate the anticipated launch of the WLFI token.
Let’s take a deep dive into the project and its valuation before WLFI goes live:
1. Project Overview
(1) Founding Background: Founded by the Trump family (Donald Trump and his three sons), positioned as the strongest crypto project with a background in US politics and business.
(2) Core Business: Issuing stablecoin USD1, pegged 1:1 to the US dollar, fully backed by cash and US Treasury bonds.
(3) On-chain Deployment: BNB Chain as the main base (97.8% issued on BNB Chain).
2. Current Business Status
(1) Current Circulation of USD1: Approximately $2.2 billion, of which $2 billion is held in Binance, mainly due to payments made for investments in Binance by Abu Dhabi MGX.
(2) Actual Natural Circulation: Less than $200 million, with extremely low user adoption.
(3) Partnership Expansion:
· Collaborating with Re7, Euler Finance, and Lista to promote the treasury;
· Aave has proposed to introduce USD1;
· CEX Listings: Binance, Bitget, Gate, Huobi;
· DEX Listings: Uniswap, PancakeSwap.
3. Financing Situation and Token Mechanism
(1) Cumulative Financing: Over $700 million;
(2) WLFI Token Distribution: 25% for public sale, 35% reserved in total; there is currently no indication whether the unsold portion will be locked.
(3) Token Attributes:
· Pure governance token, no dividends, no equity;
· Not directly linked to protocol revenue;
· Earnings belong to Trump-affiliated entities.
4. Valuation Projection
(1) Comparable Reference: Circle
USDC market capitalization is approximately $61.7 billion, corresponding to Circle's market cap of about $41.1 to $47.1 billion;
Market cap/stablecoin ratio is 0.66 to 0.76;
(2) Corresponding Valuation for WLFI:
$2.2 billion USD1 * 0.66~0.76 ≈ $1.45 to $1.67 billion;
Corresponding token price is about $0.0145 to $0.0167;
Almost flat with the initial public offering price, making it hard to meet high market expectations.
5. Predicted Token Unlocking Time
When the US Genius Act is officially passed (already passed the Senate, awaiting House review), it may become an important window for the project's public operation.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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