Donald Trump's crypto project surprised: WLFI token is coming!

Republican presidential candidate Donald Trump unveiled his highly anticipated project World Liberty Financial on Monday night.

In a recent promotional video, Trump said, “We embrace the future with crypto and leave behind slow and outdated big banks.” Social media phenomenon Farokh, on X’s Spaces, said Trump NFT projects are starting to open their eyes to the crypto world. The live broadcast lasted for more than two hours. The US presidential candidate, who frequently expresses his support for the crypto industry, drew attention with the project’s token, WLFI.

Details of the project’s cryptocurrency WLFI

In his inauguration speech, Trump pointed out that cryptocurrencies are still very new when we think about their future. ‘I think my kids opened my eyes,’ he said.

Dough Finance’s co-founders Zachary Folkman and Chase Herro, spoke with Eric Trump to further discuss the rationale for the establishment of World Liberty Financial.

Folkman said, “Get DeFi right and deliver it to the people.” He then confirmed that World Liberty Financial will sell a governance token called WLFI. Folkman said the distribution of the WLFI token will be as follows: 63% will be sold to the public, 17% will be for user rewards, and 20% will be used for the team.

The project was first announced by Donald Trump Jr. and Eric Trump on August 7th, and it was said that announcements related to crypto/DeFi would be made soon At that time, the Trump family said,“Decentralized finance is the future, don’t get left behind.” The future of the project and the impact the Trump family will have on the industry are eagerly awaited.

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