Donald Trump’s DeFi project, World Liberty Finance , has begun accepting users, although it is limited to accredited U.S. investors and non-U.S. citizens.“While these whitelists are currently open to accredited investors in the US and all non-US persons, we are not turning our backs on the everyday American. Our mission is to bring financial freedom to everyone, no matter their background or bank balance.
The statement added that the project would promote USD-pegged stablecoins to extend USD’s global dominance for the next 100 years.“It’s an Aave instance. They have their own front and governance but it’s on the Aave stack with revenue share to the Aave DAO.” In short, WLF could leverage Aave core functions in the background, like lending and borrowing, but with a custom and slightly independent system, especially on the front end and governance.“Study Bitcoin. Stop promoting weird money-grab scams. Do better. Be better.”
However, with the initial onboarding of users, more details about the project and its operation design will emerge.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »