The Trump family will receive 75% of WLFI's net income and will not bear any liability
The Trump family's encrypted project World Liberty Financial (WLF) has released a 13-page "World Liberty Gold Paper" document that details the project's mission and token allocation plan. The document shows that the Trump family will receive 75% of the project's net income without any liability.
According to the document, DT Marks DEFI LLC, a Delaware company associated with Trump, will receive 75% of the net protocol revenue. The remaining 25% of net protocol revenue will belong to Axiom Management Group (AMG), a Puerto Rican company fully owned by project co-founders Chase Herro and Zachary Folkman. AMG has agreed to allocate half of its earnings to WC Digital Fi, an affiliated company of Trump's friend and political donor Steve Witkoff and some of his family members.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analyst Points to the Next Target on the Horizon After the Surge in Bitcoin: “If This Place Is Breached, The Next Stop Could Be 128 Thousand Dollars”
A crypto analyst has spoken about the next target for Bitcoin’s price after its recent rally. Here are the details.
What’s the Latest on Solana ETFs? When Do Experts Expect Approval?
When will US Spot ETFs be approved for Solana, one of the world's largest cryptocurrencies? Here are the details.
Wintermute: Now supports TRUMP OTC trading
Crypto KOL BTCdayu's total profit on TRUMP has exceeded $6.8 million