World Liberty Financial Ready to Launch WLFI Token This Month?
2024-09-17Bittime - As previously reported, the Trump Family has launched a crypto project called World Liberty Financial.
This September, the project was rumored to be launching soon a governance token named WLFI. Read this article to find out more!
World Liberty Financial and WLFI Token
Token WLFI This is designed as a governance token, which allows its holders to have voting rights regarding various decisions that will be taken by the World Liberty Financial platform.
With token launch WLFI Currently, the Trump Family crypto project is attracting attention from many in the industry, given their involvement in the world of global business and politics.
Governance tokens like this are becoming popular in various blockchain projects because they give more power to the community and users to participate in decision making.
Read Also: Trump Crypto Project, World Liberty Financial, to Be Built on Aave and Ethereum
WLFI Token Distribution
One of the important things about the token launch WLFI is how these tokens will be distributed. Reportedly, 63% of the total token supply WLFI will be sold to the public. This is quite a large amount.
Additionally, 17% of these tokens will be used as rewards for platform users. Meanwhile 20% will be allocated to the team that develops and manages this project.
Benefits of Hold WLFI Token
For users and investors, holding tokens WLFI can provide various benefits. In addition to voting rights in decision making, token holders also have the potential to gain financial benefits through planned rewards programs.
However, even though the token launch WLFI looks very interesting, this project is certainly not free from challenges. Given the involvement of the Trump family, this project also has the potential to receive more intense attention from regulators and the media.
Read Also: World Liberty Financial: WLFI Token Distribution Sparks Controversy
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