Pro-Trump station WLFI readies token unveiling worth $483 million, scheduled for September 1st.
The WLFI token, backed by former U.S. President Donald Trump through World Liberty Financial, is gearing up for a significant event. The Lockbox contract, hosting 1.627 billion WLFI tokens (representing 16.27% of the total supply), is scheduled for an unlock on September 1, 2025.
This unlock event has attracted major market attention due to its potential impact on the token's price and future. The Lockbox contract, hosted on the Wu blockchain, invites token holders to activate their accounts between August 25 and August 31, 2025, for the initial unlock.
Initially, 20% of presale and eligible WLFI tokens will be claimable at 8:00 a.m. ET on September 1, 2025. The remaining 80% of WLFI tokens will be unlocked according to future community governance votes.
The WLFI token, currently trading at $0.297, has seen a surge in demand, with IOU prices on secondary markets reaching as high as $0.56-$0.57. The value of the locked WLFI tokens, therefore, stands at approximately $483 million.
However, the unlock event has not yet affected the current value of the locked WLFI tokens. Some analysts suggest initial volatility is likely due to early supporters taking profits, but the community-driven unlock and heavy security emphasis are seen as stabilizing forces for the WLFI token.
The Lockbox contract has undergone a comprehensive audit by Cyfrin, a leading Web3 security firm, ensuring transparency and user controls for the process. The Lockbox feature page is now live, offering full details and guidance for the unlock event.
The unlock event, scheduled for September 1, will release 20% of presale tokens from the Lockbox. The remaining percentage of tokens from the Lockbox depends on governance voting decisions.
As the unlock event approaches, the WLFI token and its community continue to generate buzz in the cryptocurrency market. With its robust security measures, community governance, and the backing of a well-known figure like Donald Trump, the WLFI project is poised for an exciting future.
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