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The draft white paper of the Trump family's crypto project World Liberty Financial revealed that 70% of WLFI tokens will be reserved for internal personnel of the project
2024-09-04 16:26
Odaily News According to Coindesk, it has obtained a draft white paper for World Liberty Financial, a new crypto lending platform promoted by former US President Donald Trump and his son. It disclosed that most of the power promised by World Liberty Financial will be concentrated in the hands of a few insiders: 70% of the project's "governance" crypto token WLFI will be "held by founders, teams and service providers", and the remaining 30% will be distributed through "public sales". Part of the funds raised will also flow to project insiders, but part of the funds will be retained in the vault "to support the operations of World Liberty Financial". According to a person close to the project, World Liberty Financial has not yet finalized its plans. (Coindesk)