WLFI will open the first round of 20% token claims on September 1. WLFI has announced its tokens will soon be launched on the Ethereum mainnet, with 20% of the early supporter shares available for claim starting at 8:00 a.m. ET on September 1, while the remaining 80% unlocking will be decided by community vote. Tokens held by the founding team, advisors, and partners are still locked.
World Liberty Financial (WLFI) is a decentralized finance (DeFi) platform established in 2024, directly participated in and led by the Trump family, including Donald Trump as honorary co-founder and chief crypto advocate, with his sons Donald Trump Jr., Eric Trump, and Barron Trump serving as ambassadors or advisors. The project aims to promote American values of freedom through crypto technology and strengthen the US dollar's position globally. The platform is built on the Ethereum blockchain and plans to expand to other networks such as BNB Chain and Tron.
* Core Components and Token Economics: The native token of WLFI, $WLFI, has a total supply of 100 billion tokens, with 35% allocated for token sales (including the completed 25% public sale). The Trump family holds approximately 15.75% (about 15.75 billion tokens). Tokens are primarily used for governance voting (one vote per token, individual voting cap of 5%), non-transferable, and do not provide financial returns to avoid being classified as securities. The platform also issues the USD1 stablecoin (1:1 pegged to the dollar, backed by cash and US Treasury bonds), with a circulating supply of about $2.2 billion, primarily held in a Binance address.
* Development Roadmap: The initial focus is on the deployment and security enhancement of the USD1 stablecoin (in collaboration with security firms such as Blocksec and Zokyo). Mid-term plans include launching lending services, on-chain payments, and DeFi applications; by 2025, tokens will be tradable, and a reward program will be launched instead of a new presale. The long-term goal is to achieve democratic decision-making through community governance (such as proposal submissions, forum discussions, and Snapshot voting) and explore integration with ecosystems like Aave and Lista. The project also plans to establish a public company as a digital asset treasury, similar to a Bitcoin reserve company, to enhance stock price and asset value.
* Funding and Revenue: The project has attracted over $75 million in investments, including contributions from Justin Sun and $2 billion from Abu Dhabi MGX for USD1 payments. The Trump family earns about $500 million from token sales and business shares, controlling 75% of project sales revenue and 60% of operational revenue.
* Controversies and Risks: The project faces regulatory scrutiny (due to political involvement and exposure in the US), high centralization (97.9% of USD1 assets controlled by Binance), opaque funding sources (e.g., Aqua 1 Foundation related to Web3port), and potential unlocking and dumping risks. The Trump family's cash-out pathways have also raised concerns about conflicts of interest.
* Application Scenarios Addressed: WLFI aims to solve the integration of traditional finance and crypto, particularly targeting mainstream American users, providing compliant and user-friendly DeFi services while leveraging political influence to expand the dominance of the US dollar.
* Community Governance and Democratic Decision-Making: Changes to the platform are made through voting by $WLFI token holders (such as proposal discussions and a one-week voting period), addressing the issue of centralized control in DeFi and achieving non-authoritarian democratic management.
Easy Access to DeFi: Providing a simple interface and educational resources for beginners, supporting lending, yield farming, and stablecoin trading, addressing the high barrier to entry in crypto, allowing ordinary Americans to participate in DeFi.
* USD Stablecoin Integration: USD1 is used for on-chain payments, lending, and DeFi applications, addressing volatility issues, and integrating traditional capital into crypto through political networks (e.g., MGX investments using USD1), promoting the global dominance of the US dollar.
* Policy and Financial Integration: Utilizing the Trump family's influence to bring political and business networks into crypto, addressing the organic demand deficiency in DeFi, and enhancing adoption through event-driven initiatives (such as large investments).
