Trump-backed World Liberty Financial offers token swaps to crypto firms: report

World Liberty Financial, the cryptographic platform supported by President Donald Trump, offers token swap agreements to blockchain projects.

The proposal obliges projects to buy at least $ 10 million from the next WLF WLFI tokens, plus costs of 10%, with WLF committing to buy an equivalent amount of native tokens of the project, according to in blockworks reporting

WLFI tokens are assessed at an entirely diluted evaluation of $ 1.5 billion and should be launched in the third quarter of this year. In particular, WLF demands that these tokens be free from all the acquisition periods.

WLF aims to facilitate user access to decentralized financing applications, to allow activities such as gain yield on stablescoins and borrowing cryptographic assets.

A World Liberty Financial representative told Blockworks that WLFI tokens would be transferred according to an entirely diluted evaluation of $ 1.5 billion. This term refers to the hypothetical total value of a specific cryptocurrency token.

What is Trump’s WLF?

World Liberty Financial is a platform spear In September 2024, with the support of President Donald Trump and his family. The platform aims to democratize access to financial services by allowing users to lend, borrow and invest in cryptocurrencies without traditional intermediaries.

While Eric Trump service On WLF’s Board, the Trump Family Stands to Gain Financially, With An Affiliated LLC Entitled to 60% of the Project’s Equity, 75% of the Fee Revenue from the Wlfi Token Sale, and 22.5 Billion Wlfi Tokens, Valued at Approximataly $ 1.1 Billion at the Public selling price.

Wlf The mission is to strengthen The global status of stablescoins in the United States in the DEFI space. The platform is built on Aave (GHOST) V3, allowing users to gain interest in their cryptographic participations and access to borrowing services.

The native token of the platform serves as a governance token, granting holders of voting rights on the decisions of the platform. In particular, WLFI tokens are not transferable and do not transport economic rights, which means that they cannot be exchanged or sold and do not authorize the holders of profits.