“You asked to make WLFI transferable — we heard you. The team is working behind the scenes to make it happen.”
The team failed to provide further information about the timeline for this development.
WLFI is the core governance token for World Liberty Financial. It is designed to give holders voting rights over protocol upgrades and help steer the direction of the platform.
Until now, investors who acquired WLFI earlier this year have been unable to trade the asset, raising concerns about transparency and liquidity. The tokens are currently non-transferable between wallets, with the smart contract enforcing a restriction and indefinitely locking all tokens in wallets or smart contracts.
The decision to make WLFI transferable comes as the DeFi project’s ecosystem is experiencing significant improvements.
While full details have not been released, the app is expected to simplify entry into DeFi for newcomers.
Meanwhile, he also revealed that multiple public companies are exploring adding WLFI to their crypto holdings.
According to Folkman:
“There has been a lot of interest from several public vehicles who want to use WLFI to be held in their treasuries as well.”
This trend mirrors a broader shift in traditional finance, where firms increasingly engage with crypto, especially under the current administration’s pro-crypto stance.
Notably, the DeFi project executive believes the dollar-pegged asset has strong market potential and could replace Tether as the largest stablecoin by market cap.
