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World Liberty Financial, Defi project that is part of the US President Donald TrumpHe announced plans to permit transfers of his WLFI token.
In the post of June 25 on X, Team established:
“You asked for it Wlfi Portable – We have heard you. The team works behind the scenes to make it happen. ”
The team did not provide further information about the timeline for this development.
WLFI is the main token of the World Liberty Financial. It is designed to provide voting rights over the protocol upgrades and help control the direction of the platform.
Until now, investors who acquired WLFi at the beginning of this year were unable to trade asset and raise concerns about transparency and liquidity. The tokens are currently portable between the wallets, with an intelligent contract forcing restrictions and indefinitely locking all tokens in the wallet or intelligent contracts.
Despite the restrictions, selection platforms such as LBANK have begun, offer WLFi in the environment before the market. The token is traded around $ 1, with the volume of everyday trading is close to $ 5 million, according to LBANK’S data.
Growing institutional interest
The decision to make WLFI comes when the ecosystem of the defi project records significant improvements.
During the recent Industrial Assembly, Zak Folkman, co -founder of World Liberty Financial, supposedly It revealed that the project is developing a mobile application to improve the availability of retail users to crypto tools.
Although all the details have not been published, the application is expected to simplify the entry to the newcomers.
Meanwhile, he also revealed that more public companies were investigating the addition of WLFi to its cryptovnice.
According to Folkman:
“There were great interests from several public vehicles that want to use WLFI.”
This trend reflects a wider shift in traditional finances, where companies are increasingly involved in crypto, especially for the prokrypto attitudes of contemporary administration.
USD1 prospects
Folkman at the same time revealed that the company also performs an independent audit USD1 Stablecoin.
In particular, the Executive Director of Defic Project believes that the asset induced by the dollar has strong market potential and could replace Tether as the largest stablecoin using a market ceiling.
According to data from CryptoslateThe current USD1 circulation offer is estimated at $ 2.2 billion. At the beginning of this month was USD1 Distributed via AirDrop WLFI holders in motivation of community and testing the distribution drive on the chain.
