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Donald Trump-linked DeFi project World Liberty Financial (WLFI) announced its public sale will kick off Tuesday, aiming to raise $300M at a $1.5B valuation.
The sale features 20% of the total token supply, with plans for additional future sales. These tokens will be non-transferable for 12 months, but can be used immediately for governance. Phase one includes launching a lending platform on Scroll, modeled after Aave, with 7% of the token supply allocated to the Aave DAO for governance participation and liquidity provision. Future ambitions include integrating real-world assets and launching a stablecoin-focused credit card.
🦅🇺🇸 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!
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