Trump Family DeFi WLFI Launch Hits $10B Market Cap, $5B Wealth Boost

World Liberty Financial (WLFI), the Trump family’s DeFi initiative, has proposed to allocate 100% of liquidity fees towards...

Quick overview

  • World Liberty Financial (WLFI) proposes to allocate 100% of liquidity fees for buybacks and token burns to enhance long-term value.
  • The WLFI token has seen a 30% decline from its peak, but if the proposal is approved, repurchased tokens will be permanently removed from circulation.
  • WLFI recently launched a USD1 stablecoin on Solana, boosting its market cap by $467 million in just 30 days.
  • The Trump family's net worth reportedly increased by $5 billion due to WLFI's success, making it their most valuable asset.

World Liberty Financial (WLFI), the Trump family’s DeFi initiative, has proposed to allocate 100% of liquidity fees towards open-market buybacks and permanent token burns. The plan targets WLFI controlled protocol liquidity across Ethereum, BSC and Solana to reduce supply and increase long term value.

WLFI’s native token has dropped 30% from its high of $0.32 so the governance move. If approved all repurchased tokens will be sent to a burn address and will be permanently removed from supply. The team also mentioned they may include other protocol revenue sources in future buyback and burn cycles.

Key Proposal Highlights:

  • 100% of protocol owned liquidity fees used for buybacks
  • Tokens repurchased are permanently burned
  • Future expansion may include other protocol revenues

Stablecoin Growth and Market Metrics

WLFI recently launched a USD1 stablecoin on Solana which has grown its market cap by $467 million to $2.67 billion in the last 30 days.

After WLFI launched on Binance, market activity went crazy. OI reached $920 million and WLFI price after bottoming at $0.2095 is now at $0.2358. Community is cautiously optimistic.

Trump Family Wealth and Token Impact

WLFI’s market cap reached $10 billion in the first hour of launch and is now in the top 20. According to The Wall Street Journal the Trump family’s net worth increased by $5 billion and WLFI is now their most valuable asset.

Donald Trump is listed as an “honorary co-founder” and his three sons are co-founders. The family holds less than 25% of the total WLFI supply but the token’s adoption and governance proposals are driving market interest and potential upside.

ABOUT THE AUTHOR See More
Arslan Butt
Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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