The Donald Trump-backed crypto platform, World Liberty Financial, wants to run as an instance on the DeFi protocol Aave.
The Trump’s crypto project, World Liberty Financial, has submitted a governance proposal to Aave, confirming it would be built on the decentralized finance (DeFi) platform.
In the Oct. 9 proposal, World Liberty Financial said it wants to launch its service as an Aave v3 instance on the Ethereum mainnet, with the protocol acting as the back end to the platform.
It floated giving AaveDAO, a group of Aave (AAVE) tokenholders overseeing the protocol, 20% of the fees it generates and 7% of the supply of the platform’s governance token, WLFI.
