Key takeaways
WLFI, the Trump-backed token from World Liberty Financial, is set to launch on the 1st of September, with only 20% of presale tokens unlocked. Binance Futures has already listed WLFIUSDT contracts.
Donald Trump-backed World Liberty Financial is about to hit the market!
Its WLFI token will start trading on the 1st of September. Only a fraction of presale tokens will be unlocked at launch.
At the same time, Binance Futures has already announced WLFIUSDT contracts with leverage, pointing to strong trader interest even before the token goes live.
WLFI trading begins with controlled unlock
World Liberty Financial will take a cautious approach to its token launch by releasing just 20% of presale allocations on the 1st.
Early buyers from last year’s $0.015 and $0.05 rounds will finally be able to claim their WLFI tokens, while the rest remain locked under a vesting plan.
Source: X
The company says the remaining 80% will only be released based on a community governance vote, giving token holders direct influence over supply
At launch, the token will debut on decentralized exchanges before expanding to centralized listings.
Lockbox system to secure token claims
To manage the rollout, World Liberty Financial has introduced a feature called the Lockbox. This will handle all WLFI token claims.
Starting on the 25th of August, presale investors will need to activate their wallets through this, following which tokens will be moved.
The system has been audited by blockchain security firm Cyfrin, with WLFI stressing that only verified code governs the claims.
Most presale wallets have already been cleared for compliance, while a small number will remain restricted.
The week-long staging period is said to help avoid delays and allow everyone to trade simultaneously on launch day.
Source: https://ambcrypto.com/wlfi-token-goes-live-september-1-what-the-launch-will-bring/
