In brief
The DeFi project of U.S. President Donald Trump, World Liberty Financial, stated that WLFI token holders will be able to start claiming and trading their assets from September.
To manage the application process, the project implemented a verified Lockbox wallet system, which will open on August 25 for the first investors.
The project states that only 20% of the presale quotas will be unlocked, and the allocation of the remaining 80% will be determined based on the results of the community governance vote.
World Liberty Financial, a blockchain project associated with the Trump family, will allow investors to request and trade their WLFI tokens starting September 1.
This launch will be the first opportunity for token holders to access the asset after the presale rounds last year.
WLFI will first unlock 20% of the presale quotas
On August 22, the company announced the launch of WLFI on the Ethereum network. According to the launch plan, 20% of presale allocations will be available to investors who participated in the presale rounds at $0.015 and $0.05.
Meanwhile, tokens reserved for the founding team, advisors, and strategic partners remain locked under the allocation rights schedule.
WLFI stated that it will not automatically distribute the remaining 80% of the presale tokens. Instead, token holders will establish a schedule through community governance voting.
The DeFi project stated that its goal is to encourage long-term engagement rather than short-term selling pressure, directly linking supply to community decisions.
New investors who missed the earlier rounds will still be able to purchase WLFI.
WLFI stated that it will first list the token on decentralized exchanges and then add centralized platforms. The project plans to announce the names of exchange partners in the coming weeks.
Prior to this change, WLFI holders could only use their tokens for voting on governance issues. With the ability to transfer funds, the project forms a real-time market price, making the token accessible to a broader retail audience.
Introduces the Lockbox function for the application submission process
To prepare for the distribution, WLFI has developed a wallet feature called Lockbox.
According to the company, token holders must activate their wallets through the Lockbox on the project’s website before receiving their assets. After activation, balances are reset, and all WLFI are transferred to the Lockbox — the company claims this process is standard for ensuring security.
The Lockbox contract audit was conducted by Cyfrin, a Web3 security company, with WLFI emphasizing that claims will only be considered based on the verified code.
WLFI stated that it has already conducted a preliminary check of the wallets participating in the presale for compliance, allowing most investors to connect immediately. However, the project will limit only a small number of non-compliant wallets.
WLFI will open the Lockbox on August 25, giving participants a week to activate their wallets before trading begins.
The project related to Trump also states that it creates an intermediate window to reduce technical delays and allows all holders to enter the market simultaneously when trading begins in September.
