Main takeout
- World Liberty Financial raised $ 550 million in Trump’s token sales.
- Distributed financial platforms plan to use funds for development and expansion.
Share this article
The World Liberty Financial (WLFI), a Defi project approved by President Donald Trump and his sons, finished the token sales today and secured $ 550 million. Financial financing, According to the update on WLFI’s official website,
The WLFI, which was released in September, is focusing on maintaining the dollar’s prominence in global finance by promoting distributed financing and US dollar Starble Lecomin. The core feature is a flaw loan platform similar to AAVE. Blockchain and support Bitcoin, Ether Leeum and Starble Recon.
WLFI, a governance token of the project, began public sales on October 15 with the goal of raising $ 300 million. The initial sales are 20 billion tokens, respectively, $ 0.015, respectively. It was ~ It is limited to an individual limited to the white list.
However, initial sales were only $ 11 million due to poor performance. sale 760 million tokens. As demand weakened, the team lowered its target to $ 30 million.
Token sales were sent in the direction following the launch of the official Trump (Trump), Trump’s official token, and Melanie Mimim (Melani). The success of this meme coin Trump -related encryption space, Including WLFI.
Initial token sales of World Liberty Financial It was closed until January 20 and 20%of the token supply was sold.
Increasing demand, the project announced an additional 5 billion WLFI tokens on January 20, each of which is $ 0.05, respectively. By March 13, 99%of additional tokens were sold.
WLFI holders can participate Determination related to the WLF protocol. Tokens cannot be transferred first 12 months after launch.
The project was ahead of Donald Trump’s son Eric Trump and Donald Trump Jr., and Baron Trump was designated as “Defi Visionary.” However, the white paper of this project explicitly states that the Trump family can not own or manage the project but can be rewarded.
TRON founder Justin Sun is one of the biggest wlfi. investor. The sun purchased a $ 30 million World Liberty Financial (WLFI) token. late In November, he became the largest investor in the project.
Later on January 19, he has always invested. addition It is $ 45 million, bringing a total of $ 75 million.
Share this article