The decentralized finance (DeFi) platform World Liberty Financial (WLFI), backed by the Trump family, has announced the amount of tokens that will enter circulation during its Token Generation Event (TGE).
The platform revealed that a total of 24.67 billion WLFI tokens will be unlocked at launch. This figure contradicts earlier reports suggesting that only 3.69 billion tokens would initially be released.
Circulating Supply Controversy
CoinMarketCap CEO Rush Lu stated that this figure has been confirmed multiple times by the WLFI team and will also be adopted by major exchanges where the token will be listed.
Spot trading for WLFI is expected to go live today on the following exchanges:
- Binance
- MEXC
- OKX
Despite Cointelegraph’s request for comments, the WLFI team had not responded by the time of publication.
Token Unlocking Model
Last week, the WLFI team introduced a vesting vault that allows users to participate in the token unlocking process.
According to the unlocking agreement:
- 20% of tokens purchased during the $0.015 and $0.05 sale rounds will be released immediately.
- The remaining 80% will be subject to a governance process determined by community voting.
This model highlights WLFI’s governance-first approach, with tokenomics designed to remain flexible and open to community-driven adjustments.
Tokens allocated to founders, team members, and advisors will not be unlocked immediately, following an earlier community vote.
Key timeline:
- July 5: The community proposed making the token tradable in the crypto ecosystem.
- July 10: In the subsequent vote, 99% of participants supported unlocking.
Strong Interest in Derivatives Markets
Even before its spot market debut, WLFI attracted significant attention in derivatives markets.
Open interest in WLFI derivatives contracts surged to $950 million last week before slightly cooling down to $887 million on Monday.
This reflects strong investor expectations and suggests the project could generate substantial market liquidity.
An Intriguing Detail: Deleted Medium Blog
In an unusual move, the WLFI team deleted its latest Medium blog post just five minutes after publishing it—sparking curiosity and speculation within the community.
As WLFI prepares to unlock and distribute its tokens during TGE, the community-driven governance model positions it as a standout project in the DeFi space.
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