**Trump’s DeFi Initiative: World Liberty Financial Token Distribution Revealed**
Former President Donald Trump is set to enter the decentralized finance (DeFi) realm with his initiative, World Liberty Financial. A significant portion of the project’s token, expected to be named $WLFI, will be allocated to the community. Specifically, 63% of the tokens will be sold to supporters, while an additional 17% will be distributed as rewards to users. The remaining 20% will be reserved for the project team.
COINOTAG has issued a warning regarding potential confusion with similarly named tokens. Investors are advised to exercise caution and ensure they are engaging with the official $WLFI token, as some unverified coins may attempt to capitalize on the project’s popularity. To avoid scams, it is crucial to check official sources for contract addresses and other relevant information pertaining to the token. This initiative could signal a new wave of crypto engagement from Trump’s brand, appealing to both his supporters and the broader cryptocurrency community.
Source: https://en.coinotag.com/breakingnews/trumps-defi-initiative-world-liberty-financial-to-sell-63-of-token-to-community-17-allocated-for-user-rewards/