TechFlow news, according to a recent CoinDesk report, new details have emerged about World Liberty Financial, a cryptocurrency project linked to Trump. The project is reportedly built on the decentralized finance platform Aave and the Ethereum blockchain, with its core being a "credit account system."
Announced in late August (initially branded as The DeFiant Ones), Trump’s three sons—Donald Trump Jr., Eric, and 18-year-old Barron—are said to be involved in the project's planning.
According to the whitepaper and a now-deleted GitHub repository, World Liberty Financial was inspired by the DeFi protocol Dough Finance, though it remains unconfirmed whether the project will use Dough Finance’s codebase.
The team also plans to issue a "non-transferable" governance token named WLFI.
Notably, Zachary Folkman and Chase Herro, co-founders of Dough, are listed as the project's operating lead and data strategy lead, respectively.
In July this year, Dough Finance suffered an $1.8 million flash loan attack.
