Donald Trump Announces Token Sale for World Liberty Financial (WLFI) As November Election Approaches

Republican presidential candidate Donald Trump declares a token sale for his decentralized finance (DeFi) platform World Liberty Monetary (WLFI) because the election approaches.

In a brand new thread on the social media platform X, the previous president explains say that WLFI will hit the market early this week, though no value has been specified.

“Token Sale goes reside on Tuesday morning, October 15! That is YOUR alternative to form the way forward for finance. Be a part of us on Monday, October 14th at 8am EST for an Unique Areas to study extra.”

In August, Trump introduced the launch of his platform – then known as “The DeFiant Ones” – as a way to assist these disenfranchised by the banks.

Trump mentioned on the time:

“For too lengthy, the common American has been squeezed by the large banks and monetary elites. It’s time for us to take a stand collectively.”

In its roadmap, the mission mentioned its mission is to unfold stablecoins pegged to the US greenback and the idea of DeFi all over the world.

Weeks later, Trump confirmed the launch of an accompanying governance token. As said by a spokesperson for the mission on the time:

“We plan to promote and in any other case distribute governance tokens known as WLFI sooner or later. WLFI tokens are pure governance tokens and solely grant the precise to make proposals and vote on issues associated to the platformM.”

In keeping with earlier reviews, 63% of all WLFI will probably be bought to the general public, whereas 17% will probably be allotted to rewards and 20% to crew compensation.

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Generated picture: Midjourney