Big news in the world of decentralized finance (DeFi)! World Liberty Financial (WLFI), a DeFi project supported by the Trump family, has officially launched on Aave V3 on the Ethereum network. 🌐💥
🔹 Why $AAVE ?
WLFI chose Aave for its unparalleled security and reputation as the most trusted lending and borrowing protocol in DeFi. Users can now borrow and lend top tokens like $ETH , $WBTC , USDC, and USDT. The decision to integrate with Aave was based on its solid performance and track record, offering a secure and reliable platform for users. 💼🔒
Moreover, 20% of the interest generated by WLFI's lending activities will be allocated to Aave’s ecosystem reserve, reinforcing its mission to create a more accessible and efficient DeFi ecosystem. 🎯💡
🔹 $300 Million Fundraising & Ambitious Roadmap
As part of its launch, WLFI is aiming to raise $300 million, with a goal to exceed a total valuation of $1.5 billion. 💰🚀
The WLFI token sale will see 63% of its total supply distributed to the public, with tokens non-transferable for the first 12 months. These tokens will serve as governance tools, giving users a voice in key decisions about the platform’s future. 📊🗳️
In the future, if approved by WLFI’s governance, the platform plans to expand onto Scroll, a Layer 2 solution built on zk-rollup technology. This upgrade will significantly reduce fees and increase transaction speed, making WLFI even more accessible to retail users. 🏎️💨
🔹 Impact on the DeFi Landscape
This move could attract a whole new audience to the DeFi space, bridging the gap between traditional finance and crypto. By leveraging its ties to both the Trump family and traditional financial markets, WLFI could be a game-changer in expanding DeFi adoption. 🌍🔗
And that’s not all—WLFI will allocate 7% of its token supply to the Aave DAO, ensuring further support for the platform and reinforcing its commitment to growing the DeFi ecosystem. 🌱🤝
💡 A New Era for DeFi?
The launch of World Liberty Financial on Aave V3 represents a bold step forward for DeFi, with massive potential for growth and impact. With a $300 million fundraiser, ambitious goals, and a focus on accessibility, WLFI is a project to watch. 👀✨
