DeFi News: Trump Family's $540 Million Pursuit in World Liberty Financial
DeFi News Insights: Trump Family's New Venture
The Donald Trump family reportedly stands to earn about $540 million from a decentralized finance (DeFi) project named World Liberty Financial (WLFI). As the US election approaches, this blend of financial innovation and political involvement draws critical attention.
Market Speculation on WLFI
While the Trump family has revealed very few details about the project, speculations are rife: Will the Trump Family Dump 30% of WLFI Supply? Reported by Dumpster DAO, an X account monitoring on-chain activities, WLFI is said to operate similarly to Aave but on Ethereum or Polygon mainnets.
- Information from the test contracts reveals plans to sell 30% of WLFI supply
- Projected fully diluted valuation of approximately $1.8 billion
- Netting approximately $540 million
Following his social media announcement on Truth Social, Donald Trump detailed potential impacts on the market as WLFI unfolds.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.