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The Trump family’s DeFi project wants to launch an Aave v3 instance on Ethereum

World Liberty Fundamentals. By putting the cryptocurrency before the fundamentals, the project World Liberty Financial of the Trump family raised some questions. Indeed, the candidate for the White House Donald Trump in the middle of the countryside did not fail to find the time to announce the next launch of the WLFI token. But it was still necessary to explain the possible appeal of this project DeFi unlikely. A gap clearly on the verge of being filled. Because a recent publication on the X network reports a governance proposal intended to implement “a instance Aave v3 sur Ethereum ».

World Liberty Financial dans les starting-blocks

The project World Liberty Financial is a kind of protocole DeFi made in US backed by the Trump family. But, for the moment, nothing very exciting comes to make it more interesting or effective than the competition, except his direct link to the family of the Republican candidate.

In fact, it would be a simple crypto lending platform as there are so many others. With the ability to transact using ETH, WBTC, USDC and USDT tokens.

Regarding timing, a operational launch before the electoral deadline seems to be going well. Because this would make it possible to surf the crypto popularity of Donald Trumpessentially based on the large number of campaign promises he made over the last few months.

Donald Trump is on all crypto fronts

It is enough to see how the Republican candidate is investing in this digital adventure. Particularly in actively participating in the promotion of the WLFI cryptocurrency dont the white list has been officially open since the beginning of October.

An “Aave v3 instance on Ethereum”, but not only…

However, the latest information available come from the project’s official X account. And this mainly concerns points plus techniquessuch as for example the networks on which it will be implemented and the protocol which will serve as its backbone.

“We are excited to announce that World Liberty Financial has officially published our governance proposal on the Aave forum to launch an Aave v3 instance on Ethereum Mainnet! »

World Liberty Financial

The stated goal is to “provide a secure DeFi experienceaccessible and friendly for all. This is the reason why la v3 du protocol Aave was selected, “because it is the best lending and borrowing protocol in its category, equipped with top-notch security practices and a solid history.

According to World Liberty Financial’s proposal, this merger would allow the Protocol Aave (AAVE) to obtain “a significant number of new users and of new liquidity “. Because the Trump family project presents itself as capable of “promoting DeFi to a public plus large thanks to his efforts de marketing “. Thank you who?

A collaboration that – if it is approved – should allow the project World Liberty Financial to take advantage of recent deployment of Aave v3 on layer 2 Scroll. Indeed, this option would allow it to “offer extremely low transaction fees and high throughput”. Needless to say, things are seriously becoming clearer…

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