World Liberty Financial is a cutting-edge DeFi platform aiming to revolutionize the future of finance by offering businesses and individuals comprehensive blockchain services. Notably, the platform was founded by the Trump family and is backed by Donald Trump, the 55th president of the United States.
The $WLFI coin is the native token of the World Liberty Financial crypto platform, granting holders the ability to vote on governance decisions within the protocol.
Although the project lacks private funding from any top-tier backers, it aims to raise over $300M through a public token sale at a $1.5B valuation.
Please be aware that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch doesn’t provide financial advice, nor does it intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 80+ distinct variables/metrics, refined over time through the team's rich 7-year experience.
World Liberty Financial is a decentralized finance platform designed to empower retail investors and businesses to embrace blockchain technology and the Web3 economy. As of October 2024, the platform has not provided a clear list of services it will offer users, but a recent partnership with AAVE, the largest lending protocol, and promises of "high-yield" products suggest it will provide at least lending, borrowing, LP, and swap services.
Notably, the World Liberty Financial crypto project aims to facilitate mass adoption among non-crypto users through its close connections with Donald Trump, the 55th president of the United States. Furthermore, three of the four core team members are Trump’s children, giving the project big exposure in the U.S. and worldwide.
Despite these advantages, many questions remain about the project’s future plans, upcoming products, and the team’s previous experience in crypto. These concerns arise ahead of the $300M token sale scheduled for October 15. If there was no Donald Trump involvement, experienced crypto users might view the project as a potential Ponzi scheme or rug pull, given the info it currently presents.
🪙 World Liberty Financial Token ($WLFI):
According to various media reports, $WLFI will be the governance token of the WLFI crypto platform. However, users will face a 12-month lock period, and the FDV at the token sale is projected to be substantial - $1.5B, significantly higher than many competitors. For comparison, Uniswap, the largest and most well-known DEX, has an FDV of around $8B, while others are much smaller.
The tokenomics also raise concerns as 63% of the total $WLFI token supply will be allocated to the token sale. This raises the question: If the platform has revolutionary products and strong backing from Trump, why is such a large public funding round needed for a DeFi app?
While we do not claim this project is a scam, we provide you with as much data as possible to allow you to do your own thorough research before participating.
Hence, considering all these questionable signs, the CoinLaunch team has thoroughly analyzed the project to help you make a more informed decision about the World Liberty Financial crypto platform and whether to participate in the sale:
âś… World Liberty Financial pros:
❌ World Liberty Financial cons:
<a href="https://coinlaunch.space/projects/world-liberty-financial/" title="World Liberty Financial (WLFI)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/world-liberty-financial.png" width="224" alt="World Liberty Financial (WLFI)"></a>