The Trump family’s decentralized finance (DeFi) venture, World Liberty Financial (WLFI), unveiled on Friday a new investment opportunity for participants and supporters of the platform.
World Liberty Financial Introduces ‘Super Nodes’This new initiative includes family members of President Trump among the “Supporting Team” listed in World Liberty’s documentation. Eric Trump, Donald Trump Jr., and Barron Trump are all mentioned, though the company has clarified that they will not be part of the direct access arrangement.
Voting on this proposal closed on Thursday, with the company claiming that 99% of the 1,786 votes cast were in favor of the new arrangement.
David Wachsman, the company’s spokesman, clarified that while Super Nodes will have access to the WLFI team, it does not guarantee a partnership. Instead, it suggests that significant participation in governance will be encouraged.
Exclusive Dinner For TRUMP Memecoin HoldersPreviously, all WLFI token holders enjoyed the ability to vote on alterations to the company’s underlying code, with each token representing one vote. They could also express their opinions on the venture’s strategic directions, as outlined in World Liberty’s Gold Paper.
However, with the passage of this new proposal, voting rights will now be restricted to those who have staked their tokens for the designated period, further limiting access to crucial governance processes.
At the time of writing, World Liberty Financial’s native token, WLFI, is trading at $0.1079. This represents gains of almost 6% over the last 24 hours, as the wider cryptocurrency market has experienced a significant recovery ahead of the end of the week.
Featured image from OpenArt, chart from TradingView.com
