World Liberty Financial was launched as a ‘administrative stuff’ that would make the ‘Community-governed’ platform.
Strangely enough, despite the fact that there are more than 80,000 portfolios that hold the token, very few of these holders want to participate in the administrative process.
Indeed, there has been in the Governance Forum for the project since January 9, more than a month ago. This is the same governance forum where the World Liberty team itself seems to use AI to generate messages full of lies.
Read more: Who is behind World Liberty Financial, Trump’s new crypto?
For comparison, Aave sees multiple messages every day, just like Sky, Uniswap, Lido and Compound.
At the beginning of December, World Liberty Financial had its first management proposal in which About 1,700 portfolios Participated. This proposal described his intention to launch and easily pass an Aave -Credit Market.
This copy still has to be launched.
However, the project has continued to improve, and announced its intention to make a kind of cryptocurrency reserve that is described as ‘the macro strategy’. This strategy was announced in the Governance Forum without discussion and without the approval of directors of directors token.
It is interesting that Blockworks has reported that World Liberty has shopped around a deal for cryptocurrency teams where if you bought his token, would do that Buy your token.
World Liberty claims that this was not true. Despite the claims from World Liberty, the investments made in projects related to his investor Justin Sun, including those who recently limited his disclosures.
Read more: World Liberty Financial offers Quid Pro quo for investments, report
Despite the lack of progress in the direction of the indicated goals, the project has still been successful due to other measures. For example, it has almost achieved its new fundraising goal at the time of writing and has collected more than $ 1 billion.
Fundamentally, this is the real goal of this project; It’s a way to Enrich the president who declares himself king.
Proto’s reached for the World Liberty Financial X account to determine when it intends to launch his Aave agency, but it did not respond immediately.
