WLFI Token Sale: Trump Prepares His DeFi Revolution By November 5th

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After October 14, 2024 ▪
4
min reading ▪ acc
Micaiah A.

Former President Donald Trump is changing gears in the world of crypto and decentralized finance by officially launching his WLFI token sale, scheduled for October 15th. The event marks an important milestone for World Liberty Financial, a DeFi project developed by the Trump family. With the sale aiming to raise $300 million, the initiative is part of a busy schedule just weeks before the US presidential election.

Donald Trump unveils his WLFI cryptocurrency

Donald Trump’s crypto project is taking shape

Donald Trump, the candidate who promises to save Ross Ulbricht after election, makes no secret of his ambitions by declaring 20% WLFI tokens on sale starting October 15th. The former president used a tweet on October 12 to remind his supporters to prepare for the event. information meeting scheduled the day before at X Spaces.

The goal is clear: raise $300 million and reach a valuation of $1.5 billion.

To date, whitelist registration are open to accredited crypto-investors based in the United States and non-United States residents with a mandatory identity verification (KYC) process.

The calendar seems to be tailor-made because this cryptocurrency sale is almost non-existentthree weeks before the November 5 presidential election. Chance? Maybe not, because Trump intends to highlight his innovative project in the middle of the election campaign.

This token sale is a unique opportunity to shape the future of finance ‘ he declared with his usual enthusiasm.

Market in turmoil with World Liberty Financial

World Liberty Financial doesn’t just sell tokens; the project promises to be ambitious crypto debit card development allows stablecoins to be spent at real-world merchants.

In addition, a recent proposal in the Aave Governance Forum mentions launch of Aave v3 on Ethereumwith initial support for USDC and USDT stablecoins as well as ETH and WBTC.

The key points of the project are as follows:

  • Public sale of 20% of total WLFI supplies on October 15;
  • $300 million target, with a $1.5 billion valuation;
  • Plan to expand to networks like Scroll, Ethereum’s layer 2 solution.

The project seems to be gaining support in the crypto communityespecially between Members of Aavewhere the original proposal had already received a favorable reception.

In short, with the launch of the World Liberty Financial crypto platform scheduled for September 16, the WLFI token will be available a month later, paving the way for new perspectives for investors and crypto enthusiasts.

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Mikaia A. avatar

Micaiah A.

The blockchain and crypto revolution is in full swing! And on the day the effects are felt by the most vulnerable economy in this world, I will say against all hope that I had something to do with it

DISCLAIMER OF LIABILITY

The comments and opinions expressed in this article are solely those of the author and should not be considered investment advice. Before making any investment decision, do your own research.

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Topher Hall

My name is Topher Hall, I work as a content writer and I love to write articles. With 4 years of blogging experience I am always ready to inspire others and share knowledge to make them a successful blogger.