Posts

Showing posts with the label governance token

Is World Liberty Financial a dead project?

World Liberty Financial was marketed as a “governance token” that would make the platform “community-governed.” Strangely, despite the fact that there are over 80,000 wallets holding the token, very few of these holders have wanted to participate in the governance process. Indeed, there’s not been a single post in the governance forum for the project since January 9, well over a month ago. This is the same governance forum where the World Liberty team itself seems to be using AI to generate posts full of falsehoods. World Liberty Financial likely used AI to write incorrect AAVE governance post Read more: Who is behind World Liberty Financial, Trump’s new crypto? For comparison, AAVE sees multiple posts every day, as do Sky, Uniswap, Lido, and Compound. Early in December, World Liberty Financial had its first governance proposal in which approximately 1,700 wallets participated. This proposal described its intention to launch an A...