Trump-Backed WLFI Token Nears Trading Launch Amid Community Vote | Smarti News – AI-Powered Breaking News on Tech, Crypto, Auto & More
Trump-Backed WLFI Token Nears Trading Launch Amid Community Vote

Trump-Backed WLFI Token Nears Trading Launch Amid Community Vote

2025-07-06
0 Comments Daniel Rivers

4 Minutes

WLFI Token Readies for Public Trading as Trump-Linked DeFi Platform Advances

World Liberty Financial (WLFI), the decentralized finance (DeFi) venture unveiled by the Trump family in 2024, is on the verge of a major milestone: bringing its WLFI token to the open market. This pivotal move follows the launch of a governance proposal that, if approved by the WLFI community, would enable the token’s tradability for the first time.

Unlocking the WLFI Token: A Step Toward Broader Adoption

The ongoing community vote will determine whether the WLFI token can be transferred on both peer-to-peer and secondary markets. Should the proposal pass, early backers will gain partial liquidity, granting many their first opportunity to trade WLFI on public exchanges. The plan also includes the rollout of an expanded governance system, empowering token holders to participate directly in shaping strategic decisions. Crucially, founders and Trump family insiders—currently in possession of a combined 60% of WLFI’s total supply—will remain subject to extended lock-up periods, designed to safeguard against large-scale insider sell-offs. This safeguard aims to reinforce confidence among retail investors and bolster the token’s stability as it enters open markets.

A New Era for Trump’s Crypto Endeavor

Announced on July 4th, the governance proposal aligns with American Independence Day, highlighting the project’s vision of bringing new freedoms to the world of digital finance. According to the company’s statement: “On this Independence Day, we’re making history. The proposal to make $WLFI tradable is now live. Crypto is coming home—and there’s no better day to let freedom ring.” The proposed transition to community-driven governance represents a significant shift for World Liberty Financial, one of the most high-profile cryptocurrency projects linked to a former U.S. president. If passed, holders will gain voting rights on core network topics, including emission schedules, treasury management, and ecosystem incentives, further decentralizing the platform’s ongoing development.

Building Trust Through Phased Token Distribution

The platform’s phased rollout intends to address industry-wide concerns about so-called 'insider dumps,' where large holders rapidly liquidate tokens soon after they hit the market. Under the World Liberty Financial structure, early supporters will see partial access to their tokens at launch, with the remainder released gradually according to schedules set by community input. This approach advocates for sustainable growth and fair participation. World Liberty Financial argues that the timing is right due to steady product development, the expansion of ecosystem partnerships, and growing brand recognition. Reports indicate robust demand from the community and partners alike, all eager to see WLFI tradable on open markets.

How the Community Vote Will Shape WLFI’s Future

Token holders now face a binary choice: a “YES” vote will allow WLFI tradability and initiate broader community governance, while a “NO” vote will keep the token locked within its closed network framework. If tradability is approved, World Liberty Financial will begin distributing the unlocked tokens to eligible early investors, and further community governance measures will follow with additional votes. Tradability is positioned as a defining moment for World Liberty Financial, bringing the DeFi project closer to its mission of establishing an open, transparent, and powerful protocol for crypto investors worldwide. The rollout is poised to unlock new opportunities for community control, ecosystem expansion, and direct participation in future development.

Trump’s Deep Involvement With Crypto Continues

Trump and his family control 60% of WLFI’s supply, though the Trump Organization asserts that there are no conflicts of interest, noting that his three sons—Donald Jr., Eric, and Barron—are listed as co-founders, while the former president serves as a co-founder emeritus. World Liberty Financial now stands among the most significant contributors to Trump’s recent income portfolio. In the past year alone, Trump reportedly earned nearly $57.4 million from his stake in WLFI. Additionally, Trump’s foray into meme coins with “$TRUMP” has generated up to $315 million since its January launch, despite sharp price fluctuations. The Trump brand continues to expand through royalties tied to various products, including NFTs, branded merchandise, and collectibles. Future plans for the Trump crypto ecosystem also involve launching a Trump-themed metaverse. Recent trademark filings suggest a virtual experience featuring interactive environments, digital wearables branded with the Trump name, and TRUMP-themed virtual restaurants. As the WLFI tradability vote unfolds, the global crypto community watches closely to see whether this Trump-backed DeFi venture will further reshape the intersection of blockchain technology and mainstream finance.

Source: crypto

"Hey there, I’m Daniel. From vintage engines to electric revolutions — I live and breathe cars. Buckle up for honest reviews and in-depth comparisons."

Comments

Leave a Comment