The decentralized finance project World Liberty Finance (WLFI) supported by the Trump family announced that it will launch its DeFi protocol on the Ethereum chain on September 1, allowing for token claims and trading.
The first 20% of WLFI tokens will be unlocked on September 1. Token holders must first sign the unlocking contract on-chain to withdraw assets after 20:00 on the same day. The remaining 80% will be released according to a schedule decided by community voting.
Tokens held by the team, advisors, and partners have been locked up to reduce selling pressure. The official claim is '99% transaction feasibility recognition' and a $5 million Ethereum buyback plan to support liquidity and strengthen governance.
The WLFI project previously set a fundraising goal of $1.5 billion, with the Trump family holding 60% of the shares, along with participation from about 50 institutional investors, making the token a global market focus even before its release.
Layout under the political halo
WLFI has currently raised $550 million and signed a $1.5 billion private placement agreement with Nasdaq-listed company ALT5 Sigma, showing high interest from traditional financial institutions in on-chain finance.
The project previously launched a fully reserved, regularly audited stablecoin USD1, and conducted token sales in accordance with U.S. securities law Regulation D, attempting to expand its business footprint within a regulatory sandbox.
