World Liberty Financial (WLFI), a governance token aimed at DeFi, has raised $11.8 million in just one day! But only accredited investors can participate for now. Is WLFI the future of crypto finance? đ„
Donald Trumpâs crypto venture, World Liberty Financial (WLFI), is making waves after raising $11.8 million on its launch day. This DeFi governance token allows users to participate in borrowing, lending, and other decentralized finance activities. đŻ
However, only accredited investors (those with over $1 million in net worth or $200,000 in income) can access the token right now. Despite this restriction, the Trump family, including Donald Trump Jr. and Eric Trump, are actively promoting WLFI as a step toward making the U.S. a global crypto powerhouse. đ
While some view WLFI as a bold move toward broader DeFi adoption, others question the political motivations and restrictions placed on the project. Will WLFI reshape decentralized finance or face challenges ahead?
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