WLFI, the governance Token of World Liberty Financial, is expected to officially trade within 6 to 8 weeks from July 18, after completing community authorization and allowing On-chain transfers.
The preparation process includes strategic adjustments such as exchange listings and phased unlocking plans, helping to expand user participation and facilitate trading on the secondary market.
MAIN CONTENT
WLFI is a governance Token, which can be traded after completing community authorization.
The expected trading opening time is from 6 to 8 weeks from July 18.
Strategy adjustments include exchange listings and phased Token unlocking.
What is WLFI and what is the role of the governance Token in the project?
WLFI is the governance Token of World Liberty Financial, playing an important role in guiding and deciding project activities based on community consensus. According to the CEO of World Liberty Financial, owning the Token allows investors to participate in governance and decide on the mechanism for sustainable development.
Governance Tokens help increase transparency and interaction between users and the development team, thereby strengthening trust and long-term participation in the ecosystem.
Why is allowing On-chain transfers and secondary trading important?
The approval for WLFI to transfer On-chain and trade on the secondary market is a strategic advance that helps expand liquidity and attract new users. This is a positive signal indicating the project's acceptance and development.
Providing transfer and trading rights is a step to enhance transparency and promote community development, rapidly scaling the project.
Mr. James Lee, CEO of World Liberty Financial, July 2024
Data from similar projects show that opening secondary trading helps increase average liquidity by 30% in the first three months, while enhancing user experience due to a richer trading choice.
What is the strategic adjustment process and Token unlocking plan like?
World Liberty Financial applies a phased Token unlocking plan to ensure market stability and avoid strong fluctuations. At the same time, the listing strategies on exchanges are thoroughly surveyed, targeting reputable exchanges to ensure effective investor access.
According to the official announcement, the approval of the 'WLFI Token Transferable Proposal' is a necessary preparatory step that ensures safety while optimizing benefits for the holders.
If possible, can you compare the methods of listing Tokens in the current market?
Method Advantages Disadvantages Real-world Examples Listing CEX (Centralized Exchange) High liquidity, wide user base, easy to trade Dependent on the exchange, security risks, transaction fees WLFI is expected to be listed on major exchanges Trading DEX (Decentralized Exchange) Prioritizes privacy, no intermediary supervision Low liquidity, complex trading for newcomers Uniswap, PancakeSwap Direct Token sale through IDO/IEO Quick capital attraction, transparent mechanism Complex legal issues, high price volatility risk Often used for early-stage projects
Frequently asked questions about WLFI Token and trading
When will WLFI Token start trading?
WLFI is expected to trade on the market within 6-8 weeks from July 18, 2024, after completing the authorization and transfer approval steps.
What does On-chain transfer mean?
Allowing On-chain transfers helps WLFI maintain transparency and increase liquidity, promoting strong community development.
On which exchanges will WLFI be listed?
The team is in the process of negotiating with reputable exchanges to list WLFI according to the planned phased approach.
What are the benefits of phased Token unlocking?
This method helps stabilize prices, minimize strong volatility, and protect long-term investors.
How to participate in governance with WLFI Token?
Holding WLFI Token is a prerequisite to provide feedback, vote, and participate in important project decisions.
Source: https://tintucbitcoin.com/wlfi-token-sap-giao-dich-trong-vai-tuan/
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