Trump Family Project WIFI Proposes to Build a Custom Market Based on Aave V3 and Will Provide 7% of Tokens to Aave DAO
On October 10th, World Liberty Financial (WLFI), a cryptocurrency project by the Trump family, launched a preliminary proposal at the Aave governance forum, hoping to build a customized lending market based on Aave V3. WLFI expects to use its connections with traditional finance and institutional investments to introduce assets that may be incompatible with the main markets on the Ethereum mainnet.
In return, Aave DAO will receive 20% of the new market protocol revenue from WLFI and 7% of the total supply of WIFI tokens, which can be used to participate in WLFI governance procedures, execute liquidity mining incentives, and accelerate the decentralization of the WIFI platform.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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