World Liberty Finance Approves 99.94% WLFI Token Tradability

World Liberty Finance has announced that it will activate trading for its WLFI token within the next six to eight weeks. This development comes after an overwhelming 99.94% approval from WLFI holders, who voted in favor of making the token tradable. The activation of WLFI trading is expected to boost community governance and market activity, as it will allow investors and holders to trade WLFI on peer-to-peer and secondary markets.

The approval of WLFI tradability is a significant milestone for World Liberty Finance, as it aligns with the project's mission to shift the WLFI ecosystem to open trade. This will enable the community to participate more actively in governance and decisions pertaining to the future of the token. The plan to make WLFI tradable was closed on July 17, with the outcome showing strong community support for the initiative.

World Liberty Finance is currently engaged in making large deals and alliances, as well as working on getting WLFI listed on major platforms to attract more traders. The company is also developing reasonable unlock plans to ensure that the release of tokens does not negatively impact the market. According to the company, this process is not a delay but rather a strategic move to create something new and greater.

To date, World Liberty Finance has raised approximately $550 million by selling around 25 billion tokens, which constitutes 25% of the total supply of 100 billion WLFI tokens. The remaining tokens will be unlocked simultaneously, with the community voting again to determine the time and manner of their release. This approach aims to ensure the project remains fair and transparent.

Tokens held by the founders, team, and advisors of the protocol will be locked to a greater extent, while other tokens will be allocated to early supporters as a reward for their trust and loyalty. A significant portion of the token allocation has drawn attention, with DT Marks DEFI LLC, a business associated with President Donald Trump, receiving 22.5 billion WLFI tokens. This allocation has raised concerns among some lawmakers regarding potential conflicts of interest linked to Trump and crypto.

In addition to the WLFI token, World Liberty Finance operates the USD1 stablecoin, which is intended for use within the wider ecosystem. The team has proposed that early WLFI holders could receive free USD1 tokens in an airdrop, although there has been no formal agenda announced regarding this proposal.

World Liberty Finance will be under close scrutiny in the coming weeks. If everything goes according to plan, the activation of WLFI trading could open the door to increased activity and partnerships. With strong community support and notable figures backing the project, WLFI is poised for further growth, and its next steps will be crucial in determining the future of the project. Crypto enthusiasts and investors alike will be watching closely to see what developments unfold.