{"id":9411,"date":"2025-01-23T22:31:57","date_gmt":"2025-01-23T22:31:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9411"},"modified":"2025-01-23T22:31:57","modified_gmt":"2025-01-23T22:31:57","slug":"frax-finance-targets-made-in-usa-defi-ecosystem-with-investment-in-trump-affiliated-wlfi","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=9411","title":{"rendered":"Frax Finance Targets \u2018Made in USA\u2019 DeFi Ecosystem with Investment in Trump-Affiliated WLFI"},"content":{"rendered":"
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Frax Finance has proposed a $5 million investment in WLFI \u2013 the native token of World Liberty Financial (WLFI), a decentralized finance (DeFi) platform tied to US President Donald Trump. The main objective behind this move is to position itself as a leading player in the \u201cMade in USA\u201d DeFi ecosystem.<\/p>\n

The proposal, which was presented for community feedback, also includes an additional $5 million follow-on investment subject to the partnership\u2019s success. This makes a potential total commitment of $10 million.<\/p>\n

Fuels Frax Finance\u2019s Bet on WLFI<\/h2>\n

Frax Finance claims<\/a> that World Liberty Financial (WLFI), which is built on Aave, is well-positioned to benefit from the Trump administration\u2019s pro-crypto stance. WLFI is described as a key project aimed at introducing millions of Americans to DeFi, focusing on US-based initiatives and partnerships with companies like Chainlink and Ethena Labs. With $70 million invested<\/a> in prominent DeFi assets such as Ethereum (ETH), Wrapped Bitcoin (WBTC), and Chainlink (LINK), WLFI has established a notable presence in the sector in a very short duration.<\/p>\n

In addition to Frax Finance\u2019s strategic alignment with WLFI to strengthen its status as a premier US-origin stablecoin, the\u00a0decentralized stablecoin protocol is also co-founded by Stephen Moore, who happens to be a former economic advisor to President Trump.<\/p>\n

By integrating FRAX\u2019s frxUSD stablecoin as collateral within WLFI\u2019s platform, Frax said that the focus is also on expanding its distribution, gaining access to millions of potential users, as well as influencing key governance decisions within the WLFI framework.<\/p>\n

With WLFI\u2019s valuation already surging from $1.5 billion to $5 billion, the investment offers potential for significant appreciation, particularly if WLFI succeeds in its mission to drive mass DeFi adoption under the Trump administration\u2019s pro-crypto stance.<\/p>\n

Justin Sun Deepens Ties with WLFI<\/h2>\n

Trump unveiled World Liberty Financial in September last year to simplify access to financial services by removing intermediaries. Despite a rocky start, the project\u2019s cumulative sales soared to $300 million by January 23, according to data<\/a> compiled by Dune Analytics.<\/p>\n

This week, Tron founder Justin Sun announced<\/a> increasing TRON DAO\u2019s stake with an additional $45 million investment, bringing the total to $75 million. Previously, Sun made<\/a> a $30 million token purchase in November last year which made him the biggest stakeholder in the platform. WLFI later confirmed his appointment as an adviser the next day.<\/p>\n

The post Frax Finance Targets \u2018Made in USA\u2019 DeFi Ecosystem with Investment in Trump-Affiliated WLFI<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Frax Finance has proposed a $5 million investment in WLFI \u2013 the native token of World Liberty Financial (WLFI), a decentralized finance (DeFi) platform tied to US President Donald Trump. The main objective behind this move is to position itself as a leading player in the \u201cMade in USA\u201d DeFi ecosystem. The proposal, which was […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-9411","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9411"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9411\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}