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5 months ago

Trump-Linked WLFI Token Clears Vote to Become Tradable

The World Liberty Financial (WLFI) governance token, associated with Donald Trump's family, has passed a community vote to become tradable on exchanges. Token holders overwhelmingly approved the proposal, with 99% voting in favor of allowing secondary market trading and peer-to-peer transfers of WLFI tokens. This follows a presale where the protocol raised approximately $590 million, with notable investments including $30 million from Justin Sun. The WLFI token, designed for governance participation in the DeFi lending and borrowing platform and its USD1 stablecoin, had previously been locked up since the presale. The approved proposal outlines a phased token unlock plan, with some tokens unlocking at launch, while the release schedule for the remaining tokens will be determined by a subsequent community vote. Tokens held by founders, the team, and advisors will remain locked for a longer period.

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