Trump-Linked WLFI Token Clears Vote to Become Tradable
2025-07-16 20:01:48
Main Idea
WLFI token holders voted overwhelmingly to make the token tradable, unlocking assets from a $590 million presale, as part of a DeFi protocol backed by Donald Trump and his family.
Key Points
1. WLFI token holders voted 99% in favor of a proposal to allow the token to be traded, unlocking assets from a $590 million presale.
2. The token is part of World Liberty Financial, a DeFi protocol backed by U.S. President Donald Trump and his family.
3. Tron founder Justin Sun purchased $30 million worth of WLFI tokens during the presale.
4. World Liberty Financial is developing a DeFi lending and borrowing platform and issues a U.S. dollar-pegged stablecoin.
5. The WLFI token grants holders governance rights within the protocol.
Description
The governance token of World Liberty Financial (WLFI), a decentralized finance (DeFi) protocol backed by U.S. President Donald Trump and his family, may soon become tradable on exchanges after a community vote concluded on Wednesday. Token holders voted 99% in favor for the proposal to allow WLFI tokens to trade on secondary markets and transfer peer-to-peer, a Snapshot vote shows. The decision comes after the protocol raised around $590 million last year in a pre-sale where investors could buy...
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