WLFI
5 stories related to this topic, newest first.
USD1 Stablecoin Market Cap Rises 50 Percent After Four Months of Subsidies
WLFI spent more than $115 million in incentives over four months to expand USD1 usage. The stablecoin's market capitalization increased from $3.137 billion to $4.76 billion, moving it from seventh to fourth place among dollar-pegged tokens.
pymnts.comWorld Liberty Financial Proposal to Unlock 62 Billion Tokens Nears Approval
A proposal by World Liberty Financial to unlock 62 billion WLFI tokens has received 99.5% support in an ongoing vote. The plan includes burning 10% of insider holdings and vesting the remainder over five years after a two-year cliff. The vote highlights concentrated voting power…
Substrate placeholder — needs reviewWLFI Responds to Allegations by Justin Sun, Denies Claims and Threatens Legal Action
WLFI, a decentralized finance project, has rejected allegations made by Justin Sun, stating that they are false. The project announced it possesses evidence and intends to pursue court proceedings. This response follows Sun's recent claims against WLFI.
Substrate placeholder — needs reviewAllegation Surfaces of Blacklisting Function in WLFI Smart Contract
An individual alleged that World Liberty Financial embedded a secret blacklisting function in its WLFI smart contract. The function reportedly allows the company to freeze token holder wallets without notice or recourse. The individual stated that their own wallet was frozen in 2…
pymnts.comWorld Liberty Financial Borrows $75 Million Using 5 Billion WLFI Tokens as Collateral
World Liberty Financial, a cryptocurrency project associated with Donald Trump, borrowed $75 million in stablecoins by pledging 5 billion of its own WLFI governance tokens on the Dolomite platform. The platform was co-founded by an advisor to the project. The WLFI token price fel…