World Liberty Financial (WLF) just finished an approval process on July 16 that will allow it to begin trading for its WLFI token. The decision is expected to improve the company’s market presence and community engagement. After final approval, WLF will use a phase-in period to begin a smooth transition to trading.
The WLFI token project has some big names behind it, including former President Donald Trump. The recent vote engaged 24.4% of the 85,000 unique wallets that currently hold WLFI. This record participation is a testament to the community’s excitement about the token’s future.
It’s the first patent approval for World Liberty Financial, an Ambridge-based company founded in 2017. It reflects the company's commitment to integrating community feedback into its strategic decisions. The activation of WLFI trading should be complete by September.
After the first activation, WLFI tokens will be put to a second, broader community vote. This next vote will set the unlock schedule for the tokens.
In an effort to diffuse speculative anticipation, only a small fraction of the WLFI tokens held by the community will unlock at launch. That’s because this phased in approach is intended to lessen short-term market volatility and encourage long-term market stability. The exact percentage of tokens to be unlocked will be decided by a future community vote.
The WLFI token is expected to be tradeable in weeks. The phased rollout will give WLF an opportunity to closely observe market dynamics. Unlike most of its peers, this cautious approach is designed to protect the long-term interests of its token holders.
The overwhelming community support, with 99.94% voting yes, demonstrates the strong confidence and support for the WLFI project. World Liberty Financial sees this level of support as a clear mandate to move forward in an especially prudent and transparent way. The company has agreed to share ongoing information with the community during the activation process.
Activating WLFI trading is an important step in World Liberty Financial’s strategy. This action will go a long way to broadening their footprint as the nation’s digital asset capital. By getting its community involved in important decisions, WLF hopes to foster a passionate, engaged user community. Including major public actors such as Donald Trump only heightens the project’s drama.
The next community vote on the unlock schedule will be very important. Indirectly, it would greatly influence the token’s supply dynamics and price discovery. World Liberty Financial urges each and every WLFI holder to come out and vote to have their voice heard.
Retaining a phased unlock is a typical play in the crypto realm. This provision is key to protecting against market saturation and price manipulation. By minimizing the effect tokens enter the market, World Liberty Financial hopes to produce a more sustainable, predictable trading activity.
World Liberty Financial aims to protect and serve WLFI holders, by offering a secure and user-friendly trading environment. The agency’s past investments in new security infrastructure are already paying off today in protecting the agency from future threats. Beyond that, FTX.US is committed to bringing accessibility and usability to the trading platform, making it as user-friendly as possible.
If WLFI trading achieves its successful activation, it could demonstrate the way forward for more activations of other World Liberty Financial projects. That said, the company is actively pursuing additional opportunities to use blockchain technology and digital assets. The shift today is still on providing enhanced value for its community members and continuing to push boundaries with innovation in the financial industry.
