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Trump defi: October 15 expected to launch WLFI token
By Daniele Corno
Donald Trump-backed WLFi project opens WLFi token sale on Oct. 15, after users register via KYC
WLFi launches the sale of its token
World Liberty Financial ( WLFi), backed by Donald Trump, has announced that the public sale of its WLFi token will begin Oct. 15. Users who pass the KYC verification process will be able to participate in the purchase.
🦅🇺🇸 Big news! @WorldLibertyFi public sale starts Oct. 15th, open to everyone who qualifies through the whitelist. Join us for a Twitter Spaces on Oct. 14th at 8 AM EST to learn more. Stay tuned for updates!
— WLFI (@worldlibertyfi) October 11, 2024
The day before, on Oct. 14, WLFi will host a Space on X to share more details about the project. The sale will take place on Ethereum, but the team is already planning to expand to Scroll, a layer 2 with zk-rollup technology that promises fast and cost-free transactions. Scroll’s SCR token , meanwhile, has just been the first token launched on Binance‘s Pre-market, following the Launchpool that took place in previous days,
In parallel, the project will submit a governance proposal to integrate through Aave, the industry’s leading lending and borrowing protocol, with over $12 billion at its core. If approved, this collaboration will allow the integration of many traditional finance users within the industry.
A launch close to the U.S. election
The launch of the WLFi token comes three weeks before the U.S. presidential election, where Donald Trump, the project’s main backer, is currently ahead in the polls.
On Polymarket, Trump is given 54.8 percent, a 10 percentage point margin over his opponent Kamala Harris, who stands at 44.8 percent. The proximity in time between the token launch and the approaching election could generate additional interest from investors, consideringTrump’s political influence.
WLFi aims to combine cutting-edge technology and mass accessibility. The goal is to become a global benchmark in DeFi. The platform will initially be available on Ethereum, with Scroll integration and other new features under consideration.
