World Liberty Financial to Launch WLFI Governance Platform!
2024-10-11
Bittime - World Liberty Financial (WLFI), the Trump family's crypto project plans to launch the WLFI governance platform.
The platform allows $WLFI token holders to participate in protocol decision-making. Read this article to find out more!
WLFI Governance Platform
With the WLFI governance platform, $WLFI token holders can vote on various important decisions, such as protocol parameters, development strategy, and technology integration decisions.
With this WLFI governance platform, the WLFI project also hopes to create a DeFi ecosystem that is truly controlled by the community.
In addition, the platform is designed to be easy to access and intuitive, so that both new users and those already experienced in the world of crypto can participate.
Read Also: WLFI Token Sale Starting Soon, Only for Whitelist Users!
WLFI Governance Platform on Ethereum and Scroll
The WLFI project plans to run the WLFI governance platform separately on two main blockchain networks, namely Ethereum and Scroll.
Ethereum was chosen for its liquidity and ability to handle large-scale institutional capital. Meanwhile, Scroll, which is a fast and secure ZK roll-up, offers a user experience without gas fees with paymaster services support.
Ethereum will provide security and high liquidity support, while Scroll will offer speed and lower transaction fees.
That way, users can participate without the constraints of high fees and process transactions quickly.
WLFI Governance Platform and Collaboration with Aave
In addition to the WLFI governance platform, the project WLFI also plans to collaborate with Aave, one of the most proven decentralized peer-to-peer lending and borrowing platforms.
If approved by AaveDAO, this collaboration will give WLFI users access to secure, custodial lending and borrowing features.
With the combination of the peer-to-peer technology of DeFi and the ease of use of web2's UX, the WLFI project hopes to expand DeFi adoption globally.
Read Also: World Liberty Financial: WLFI Token Distribution Sparks Controversy
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