The World Liberty Financial (WLF)DeFi project, backed by Donald Trump, made a strong debut at 12:40 UTC Despite experiencing technical difficultieswith the official website, the project managed to sell 344 million WLFI tokenswithin the " first hour ", showcasing significant interest from investors right from the launch.
Impressive Investor Participation and Sales Performance
According to Etherscan, over 2,900 investors participated in the initial sale. In total, 3,000 unique wallets bought tokens within the first hour, although this represents only 1.7% of the 20 billion tokens offered for public sale.
Each WLFI token was priced at $0.015. If the entire supply is sold, the project stands to raise $300 million. The total supply, including non-public tokens, amounts to 100 billion units.
Whitelist Strategy and Pre-Launch Preparation
Before the launch, the project granted access to 100,000 U.S. investors through a whitelist, requiring them to meet specific financial criteria. This strategy aimed to attract high-level investors and create momentum for the public sale.
What Benefits Do WLFI Tokens Offer
According to a document released on Tuesday morning, the WLF project aims to develop a comprehensive DeFi platform where users can borrow and lend digital assets. WLFI token holders will not only own an asset but also participate in the platform's governance, allowing them to propose and vote on key changes.
A critical aspect of the token is that WLFI is locked indefinitely and cannot be transferred between wallets. This measure ensures that all governance decisions strictly comply with U.S. regulations, preventing potential manipulation of the system.
WLF's Mission and Long-Term Vision
The project’s “yellow paper” emphasizes the importance of protecting the U.S. dollar through DeFi solutions, aiming to maintain its status as the world’s reserve currency. The team assures that the platform will not compromise the freedom and decentralized nature of digital assets while supporting stablecoins pegged to the dollar.
Trump's Family Role in the Project
The document identifies Trump’s two sons as "Web3 ambassadors,"actively promoting the project. Trump himself is referred to as the “chief crypto advocate,” signaling his strong support for blockchain technology and decentralized finance.
The WLFI project is not only a major step forward in the DeFi space but also demonstrates how prominent figures like Trump are making inroads into modern financial technologies. This event is expected to generate further discussion and interest within the blockchain and financial communities in the near future.
