WLFI New Proposal Passes Allowing Open Secondary Market Trading of WLFI Tokens

BlockBeats News, July 17, The governance token of the decentralized finance (DeFi) protocol World Liberty Fi (WLFI), supported by U.S. President Trump and his family, may soon be trading on exchanges after a community vote on Wednesday.

A snapshot vote showed that 99% of token holders voted in favor of a proposal to allow WLFI tokens to be traded on the secondary market and transferred in peer-to-peer transactions.

Prior to this, the protocol raised approximately $590 million in a presale last year, where investors could purchase WLFI tokens. For instance, Tron founder Justin Sun bought $30 million worth of WLFI assets.