World Liberty Financial (WLFI), a decentralized finance (DeFi) project supported by Donald Trump and his family, plans to initiate the WLFI token sale on October 15. The project aims to raise $300 million by selling 20% of the total token supply and reach a valuation of $1.5 billion.
WLFI Token Sale Details
The WLFI token sale is designed to be open to accredited and qualified investors. 63% of the total token supply is allocated for public sale, 17% for user rewards, and 20% for the team. Accredited investors in the United States, qualified investors in the United Kingdom, and international investors will be able to participate in the sale.
Big news! The WLFI public sale starts on October 15, and you can participate by joining the whitelist. For more information, join our Twitter Spaces event on October 14. Stay tuned for updates!
— WLFI (@worldlibertyfi)
WLFI is led by Zachary Folkman and Chase Herro, who are associated with Dough Finance, which previously experienced a security breach. The project has garnered support from Donald Trump, recognized as a “Leading Crypto Advocate,” while his sons, Eric and Donald Trump Jr., contribute as “Web3 Ambassadors.”
Our whitelist has already achieved great success! Thousands have joined, and this is just the beginning. Don’t miss out on being part of something extraordinary.
— WLFI (@worldlibertyfi)
WLFI Token and Its Prospects
World Liberty Financial aims to promote widespread adoption of cryptocurrency assets. The WLFI token will serve as a governance token that allows investors to have an impact on the project’s future. The project will integrate with the Aave v3 platform on Ethereum 
$3,329 and Scroll.
Launching as a decentralized lending platform based on the Aave model on the Ethereum mainnet and Scroll layer2 solution, WLFI appears as an interesting event three weeks before elections. This protocol will allow users to lend and borrow assets like BTC, ETH, and stablecoins, enabling lenders to earn interest from fees paid by borrowers.
The WLFI token sale is seen as a significant step towards achieving the project’s financial goals and contributing to the DeFi ecosystem. Investors will have the opportunity to contribute to the project’s future by participating in the token sale, which will be limited to specified investor segments. Trump’s team aims to avoid SEC scrutiny from the outset, as SEC member Uyeda had advised Trump weeks ago to find a good lawyer regarding this matter.
Among WLFI’s goals is to increase the adoption of cryptocurrencies by offering secure and user-friendly financial products. The project is actively working on strategic partnerships and technological advancements to achieve this objective.
In conclusion, WLFI’s token sale may herald a new phase in the DeFi sector. Investors will find opportunities to contribute to their financial futures by evaluating what the project offers. Additionally, it will serve as a good test of the strength of Trump’s popularity in the crypto space.
