Trump-Affiliated Entity Will Get 75% Of World Liberty Financial’s Revenue and 22% OF WLFI Token Supply — Assumes Zero Liability
Posted On October 18, 2024
The cryptocurrency platform backed by Donald Trump, World Liberty Financial (WLFI), would allocate 75% of its protocol revenues to a firm associated with the former President.
What Happened: According to the World Liberty Gold Paper, WLFI, heavily promoted by Trump in recent months, might channel nearly three-fourths of its revenues to DT Marks DEFI, LLC.
The Gold Paper said that the entity used “reasonable efforts” to request the owners and principals, including Trump, to promote the WLF project from time to time, and permitted WLF to utilize the former President’s name, image, and likeness.
For these services and rights, the WLF team decided to allocate 75% of the revenue to the entity. Additionally, 22.5 …