#Trump-Linked
$WLFI Token Clears Vote to Become Tradable
World Liberty Financial's
$WLFI token moved closer to exchange trading after holders voted 99% in favor of enabling transfers.
The Trump-backed DeFi protocol raised $590 million through a token presale last year, with tokens locked since purchase.
Tron founder #JustinSun was among the major investors, purchasing $30 million worth of
$WLFI tokens.
The approved proposal sets a phased unlock plan with some presale tokens releasing at trading launch.
Additional token releases will require another community vote, while founder and team tokens remain locked longer.
World Liberty Financial is developing a #DeFi lending platform and issues the
$USD1 stablecoin.
The governance token gives holders rights to participate in protocol decision-making once trading begins.
