On October 10, COINOTAG reported that World Liberty Financial (WLF) is set to utilize Aave V3 for its upcoming launch on the Ethereum mainnet. This initiative will enable users to borrow major cryptocurrencies including ETH, WBTC, USDC, and USDT. Notably backed by the Trump family, WLF is establishing a secure lending platform tailored for both seasoned investors and newcomers. The framework will allocate 20% of protocol interest towards the Aave ecosystem reserve, with plans for future expansion onto the Scroll Ethereum second-layer network following initial implementation. Moreover, WLF intends to issue non-transferable governance tokens to accredited investors, with 63% of these tokens earmarked for public sales. Despite skepticism from some quarters, market analysts assert that this venture could enhance user engagement in the realm of decentralized finance.
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