World Liberty Financial, a blockchain venture linked to Donald Trump’s family, will allow investors to claim and trade its WLFI tokens starting September 1.
This launch represents the first time the token holders can access the asset since its presale rounds from last year.
WLFI to Unlock 20% of Presale Allocations First
The company announced on August 22 that WLFI will debut on the Ethereum network. According to the rollout plan, 20% of presale allocations will unlock for investors who participated in the $0.015 and $0.05 presale rounds.
Meanwhile, the tokens reserved for the founding team, advisors, and strategic partners remain locked as part of the vesting schedule.
WLFI stated that it will not release the remaining 80% of presale allocations automatically. Instead, token holders will set the timetable through a community governance vote.
The DeFi project said it aims to encourage long-term engagement rather than short-term selling pressure by linking supply directly to community decisions.
Meanwhile, new investors who missed the early rounds will still be able to purchase WLFI.
WLFI said it will list the token on decentralized exchanges first and add centralized platforms later. The project plans to name its exchange partners in the coming weeks.
Go to Source to See Full Article
Author: Oluwapelumi Adejumo
