#US presidential candidate #DonaldTrump is set to unveil his DeFi project while campaigning. Tonight at midnight UTC on X, Trump will share details about the World Liberty Financial project, alongside his sons.
The project is expected to be a decentralized crypto lending platform, allowing users to lock and leverage their assets. Official channels frequently mention stablecoins, highlighting their global operation.
Additionally, World Liberty Financial will launch a token called WLFI, with plans for a pre-sale aimed at raising $537 million. There are indications of a connection between World Liberty Financial and another DeFi project, Dough Finance, particularly involving team member Chase Hero. Dough Finance suffered a hack in July, resulting in the theft of 2.1 million crypto assets.
Notable figures in the crypto industry are part of the advisory team, including Sandy Peng, co-founder of Scroll, and Luke Pearson from Polychain Capital.
World Liberty Financial was initially announced in August by Eric Trump and Donald Trump Jr., who stated, “We are coming to shake up the crypto world.” It has also been reported that Trump’s youngest son, Barron, is involved in the project.
#BTC #Binance #ElonMusk
