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Trump Family Project WIFI Proposes to Build a Custom Market Based on Aave V3 and Will Provide 7% of Tokens to Aave DAO

2024-10-10 07:37
Odaily News The Trump family's cryptocurrency project World Liberty Financial (WLFI) initiated a preliminary proposal on the Aave governance forum, hoping to build a customized lending market based on Aave V3. WLFI is expected to use its connection with traditional finance and institutional investment to introduce assets that may be incompatible with the main market on the Ethereum mainnet. In return, Aave DAO will receive 20% of WLFI's new market agreement revenue and 7% of the total supply of WIFI tokens, which can be used to participate in WLFI governance procedures, perform liquidity mining incentives, and accelerate the decentralization of the WIFI platform.