World Liberty Financial, Decentralized Finance (DEFI) platform supported by the Trump family, will open 27 billion WLFI tokens in the launch, according to data confirmed by CoinmarketCap.
On Monday, CoinMarketCap data shown That the initial supply of the World Liberty Financial Project would be 27 billion, more than one -quarter of 100 billion total supply. The revelation contradictory Earlier reported that the project would only open about 3.69 billion tokens during the event of a token generation.
CAINUMETCAP CEO Ruse Says The circulating -moving supply figure on their data site is “repeatedly confirmed” to the WLFI team. Lu added that the figure will be accepted by major exchanges that list the token.
Crypto trading platforms Binance, Gate and Mexc are among the exchanges that are set to open the trading spot for WLFI today.
Cointelegraph approached WLFI representatives for comments, but did not get a response before publishing.
Wlfi to unlock the user allocation part
Last Tuesday, the WLFI team started Allows users to move their WLFI tokens to a vesting lockbox to start the unlocking process.
WLFI token unlocking agreement Shut up That 20% of tokens purchased at $ 0.015 and $ 0.05 sales sales will be released immediately, giving an upward reward for initial project supporters.
The remaining 80% will be subject to the WLFI management process, with terms of unlocking the future collectively decided by its community by a vote.
The agreement also stated that unlock conditions were not fixed and could be modified by subsequent management decisions or other appropriate requirements.
As a result, tokenholders can see the implementation of new unlocking or adjustment models made on existing schedules. It features the management approach to the first project and the role of community members in shaping WLFI tokenomics.
On July 5, World Liberty Financial started a community proposal To make the WLFI token transferred and exchanged with the entire crypto ecosystem. However, the proposal said the founders, teams and advisors of the tokens would not be installed immediately.
On July 10, the proposal gained massive support, with 99% of the votes Being in favor of unlocking.
Related: AAVE drops more than 8% on the rumors of World Liberty Financial Token Deal
WLFI derivatives close to $ 1 billion open interest
Leading the partial unlocking, open interest in derivative contracts for WLFI token Approached $ 950 million Before cooling to $ 887 million on Monday.
Open interest is the number of active, outstanding contracts that have not been fixed. It shows that WLFI is seeing strong interest before it becomes trained in crypto markets.
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