Economy

World Liberty Financial to Launch WLFI Token on September 1

World Liberty Financial Confirms Launch of Own Mainnet Token Ethereum. It is known that WLFI will be available for trading from September 1. At that moment, presale participants will be able to receive only 20% of the total emission of the digital asset. The remaining 80% will be locked until a community vote determines the release schedule.

According to the distribution plan, the community will be fully responsible for distributing 80% of the remaining tokens. This decision received 99,94% approval in a recent vote by World Liberty Financial project participants.

Additionally, according to the project’s roadmap, all funds allocated to founders, advisors, and team members will remain locked. This, according to the developers, will help avoid an immediate sell-off after the release of WLFI.

Token World Liberty Financial, issued on the blockchain Ethereum, will first be available on decentralized exchanges, and then on centralized ones.

World Liberty Financial positions itself as DeFi- a project focused on blockchain-based financial services. The company has already raised a significant $550 million from more than 85,000 investors and also said it has created a reserve of $76,9 million.

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