worldcoinindex.com
World Liberty Financial (WLFI), a growing decentralized finance (DeFi) platform endorsed by Donald Trump and family members, announced a major step forward in its DeFi journey by teaming up with Chainlink for enhanced data integration. This strategic partnership aims to leverage Chainlink's pricing data services and cross-chain interoperability, offering WLFI access to the wider DeFi ecosystem's secure and reliable infrastructure.
According to Chainlink co-founder Sergey Nazarov, the integration is poised to attract users who value the security standards that have fueled DeFi's rapid expansion. He noted, "The Chainlink standard is already deeply ingrained in DeFi and will provide WLFI with the reliability needed to appeal to serious crypto users."
The project is led by Zachary Folkman and Chase Herro, formerly of Dough Finance, a DeFi project that lost $2 million to a July exploit. Despite past challenges, WLFI's launch on the Aave v3 platform on Ethereum's mainnet aims to support lending for a diverse set of assets, including ether (ETH), wrapped bitcoin (wBTC), and stablecoins.
Donald Trump, serving as WLFI's "Chief Crypto Advocate," has promoted the project on social media, joined by his sons Eric and Donald Jr. as "Web3 Ambassadors," and Barron Trump, who has taken the title of "DeFi Visionary." Eric Trump recently emphasized WLFI’s future potential, stating, "Our partnership with Chainlink is an unparalleled leap forward for DeFi, and we are more optimistic than ever about crypto's future."