World Liberty Financial (WLFI) is an upcoming Ethereum-based decentralized finance (DeFi) platform endorsed by the 47th President of the United States, Donald Trump, and his sons, Eric Trump and Donald Trump Jr. The project’s primary focus is the promotion of USD stablecoins and leveraging blockchain technology to provide financial services to underserved populations.
The platform’s native WLFI cryptocurrency is currently under public sale, where the target is to sell 20 billion WLFI tokens and raise $300 million. World Liberty Financial is expected to launch in 2025.
In this article, we will take a closer look at the World Liberty Financial protocol to understand how it works and determine whether WLFI is a credible cryptocurrency investment. Furthermore, we provide a step-by-step guide on how to buy the token via the public sale.
What Is World Liberty Financial?
World Liberty Financial is founded with the mission to “Make Crypto and America Great” by driving the widescale adoption of stablecoins and decentralized finance. The upcoming DeFi network will ensure the dominance of US dollar-pegged stablecoins by providing a settlement layer for the coming 100 years.
Reports suggest that the protocol will launch on the Aave blockchain as a marketplace for borrowing and lending various supported cryptocurrencies, sharing protocol revenue with the blockchain’s decentralized autonomous organization (DAO). The company is also working with stablecoin issuer Paxos to develop and release a USD-denominated stablecoin. Recently, Tron blockchain founder Justin Sun invested $30 million into the project.
Despite receiving support and promotion from the President-elect, World Liberty Financial’s website states that no Trump family members are employed or part of its board of directors. Instead, the family acts as advisors to the project and has been allocated 22.5 billion WLFI tokens as a stake, while receiving a fee for their services.
World Liberty Financial Token (WLFI)
WLFI is the native governance-only token of the World Liberty Financial protocol, where each token grants its holder one vote in community proposals on its governance platform. Unlike the primary tokens of DeFi marketplaces Uniswap (UNI) or MakerDAO (MKR), WLFI does not provide economic rights and will be a non-transferable asset after purchase.
This means the token cannot be traded, swapped, or sold once it has been bought. While this may be expected to change in the future via a governance proposal, it is believed that WLFI will not be tradeable for a long time.
WLFI Tokenomics
Total Supply: 100 Billion
Blockchain: Ethereum
Token Type: ERC-20
Distribution:
- 35% of the total supply is allocated for token sale
- 32.5% of the supply will be used for community growth and incentives
- 30% of tokens for the initial network supporters
- 2.5% to advisors and team members
WLFI Public Sale
The World Liberty Financial (WLFI) token public sale went live on October 15, 2024, on the Ethereum mainnet. The project has made 20 billion WLFI available for sale in this round, amounting to 20% of the total supply. The tokens can purchased using USDC, USDT, and ETH. At the time of writing, 3.48 billion WLFI tokens have been sold, with 16.52 billion remaining, raising $52 million in capital.
While the sale is marketed offshore, the project has indicated that it will only sell $30 million worth of WLFI to U.S.-accredited investors. The remaining will be sold to buyers outside of the United States.
At the time of writing, WLFI is trading at $0.015.
How To Purchase World Liberty Financial (WLFI) Token?
Here is a step-by-step guide for potential investors to purchase the WLFI token:
- Visit the World Liberty Financial website
- Select the “See WLFI Token” option from the homepage
- Select one from the options “I live in the US” and “I live outside the US”
- Connect MetaMask, Coinbase, Ledger, or WalletConnect to the platform
- Complete the KYC procedure by providing your identification documents
- Once verified, select the amount of WLFI tokens you wish to buy and complete the transaction
- The tokens will be transferred to your wallet once the public sale concludes
Is World Liberty Financial A Credible Cryptocurrency Investment?
It is still too early to pass judgment on World Liberty Financial and its WLFI token, as the project is only expected to launch in 2025. Despite the hype surrounding President Trump’s endorsement of the cryptocurrency, it has experienced sluggish sales, largely due to restrictions placed on US investors and the inability to sell the token upon its release.
However, the highly-anticipated DeFi stablecoin platform has attracted considerable interest from institutional investors. Justin Sun, the founder of Tron blockchain and owner of the HTX crypto exchange, purchased over 3 billion WLFI tokens, worth over $30 million. Stablecoin issuer Paxos is working on releasing a USD-pegged crypto coin on the WLFI network
So far, World Liberty Financial has raised about $250 million, still lagging behind its pre-sale target of $300 million.
If the launch goes as planned and the network meets its goals, then WLFI is expected to surge in value, leading to the release of its native utility token and subsequent DApps. Nevertheless, the cryptocurrency market is to be tread carefully due to its high volatility, meaning you need to do due diligence before making any investment decision. Only invest money that you can afford to lose.
