The Trump family endorsement project WLFI will launch on the Ethereum mainnet on September 1

The DeFi project World Liberty Financial (WLFI), supported by the Trump family, will launch on the Ethereum mainnet on September 1. WLFI's core products include the stablecoin USD1, as well as lending and the WLFI App, which have yet to be launched. The total supply of WLFI tokens is 100 billion, and WLFI has previously raised approximately $760 million, with investors including DWF Labs and TRON founder Justin Sun. In August of this year, Nasdaq-listed ALT5 Sigma announced an investment of $1.5 billion through equity investment and warrants, raising WLFI's total funding to about $2.26 billion. As part of the agreement, ALT5 Sigma will receive WLFI tokens worth $750 million and will exchange them for 1 million shares of WLFI stock at an exercise price of $0.01, along with 99 million pre-paid warrants, while also planning to establish a WLFI cryptocurrency reserve pool. It is noteworthy that although the Trump family's stake in WLFI has decreased to about 40%, they still maintain absolute control and enjoy 75% of the net income distribution.

According to WLFI's official announcement, only 20% of the initially sold tokens will be unlocked and transferable at TGE, while the remaining 80% will be decided through community voting. The 20% unlocking corresponds to the initial allocation for two rounds of public investors, totaling approximately 5 billion WLFI tokens. Tokens held by the founding team, advisors, and partners will remain locked. Currently, the WLFI Lockbox feature has been launched, and users must first activate the Lockbox contract to receive the corresponding tokens after TGE. The current price of WLFI futures is $0.2622; if the spot price remains at this level upon launch, the first round of public investors (cost $0.015) could see a profit of 17.48 times, while the second round of public investors (cost $0.05) could profit 5.24 times.

CoinW Research Institute comments: WLFI tokens do not enjoy profit-sharing from the project; the protocol's revenue belongs to the shareholders of the entity company, meaning that token holders only have governance voting rights and cannot directly share in business profits, leading to a clear disconnect between governance rights and economic rights. The $1.5 billion capital injected by ALT5 Sigma theoretically provides price anchoring and buying support for the tokens, but concerns about the independence of the funds and governance transparency have intensified due to the direct involvement of Trump family members in the ALT5 Sigma board. Meanwhile, WLFI's business implementation is still in its early stages; the core product USD1, aside from serving the special case of Abu Dhabi's MGX company investment, still lacks sustainable application scenarios. What will truly determine WLFI's future direction is its ability to transform short-term market enthusiasm into sustainable financial scenarios and real user demand, thereby converting it into long-term ecological value.