World Liberty Financial (WLFI), a blockchain project supported by the Trump family, has officially announced its plan to launch the WLFI token on the Ethereum platform on September 1. This event is expected to be one of the most notable DeFi launches of the year.
Key Features of WLFI
WLFI’s token distribution mechanism includes two clear phases:
- Phase 1: Investors will immediately receive 20% of the tokens they purchased.
- Phase 2: The remaining 80% will be released through a community voting system.
To ensure transparency and security, the project implements a “Lockbox” mechanism—a smart contract designed specifically to manage the safe unlocking of tokens.
How Lockbox Works
To receive WLFI tokens, users must activate the Lockbox. Once activated, all WLFI will be transferred into the Lockbox, resulting in a displayed balance of 0 in the wallet (this is intentional in the design).
Specific Timeline
- Before September 1: Users can activate the Lockbox via the official WLFI website.
- From September 1: Users will receive 20% of the WLFI they invested.
- Remaining 80%: Will be unlocked in batches through community voting.
The Lockbox system officially opened on August 25 and has been fully audited by security company Cyfrin.
In the first phase, only early investors who purchased tokens at discounted rates of $0.015 and $0.05 are eligible to unlock 20% of WLFI starting September 1. Notably, the development team, founders, advisors, and project partners have not received any tokens, demonstrating a commitment to transparent distribution.
Related: Is SUI on the Verge of a Breakout? Charts Hint at a Major Rally
WLFI will be listed on both decentralized (DEX) and centralized exchanges (CEX). The project team has stated that the list of partner exchanges will be announced soon.
With backing from the Trump family, along with a transparent strategy and community governance model, World Liberty Financial is generating significant expectations within the crypto community. The WLFI launch is anticipated to attract considerable interest from both individual and institutional investors as the DeFi market is undergoing a strong recovery.
