World Liberty Financial Forum and the risks surrounding WLFI?
Trump is scamming and will soon create another token!!!!
On February 18, the World Liberty Financial team of the Trump family will hold a closed forum at Mar-a-Lago about the "future of finance." Announcements regarding the USD1 stablecoin are expected. Participants include the CEO of Goldman Sachs, Franklin Templeton, representatives from the CFTC, and FIFA.
Such events increase attention to the project and create a sense of institutional support, but they do not guarantee stability or growth on their own.
Problematic points of WLFI
— In the voting for USD1, the top 9 wallets controlled 59% of the votes.
— Most holders did not participate: tokens are locked.
— Revenues are distributed within a narrow circle.
— After the vote, $83 million went to Jump Trading, the issuance of WLFI was increased, which puts pressure on the price.
Big names and announcements do not equal decentralization. Concentration of votes and expansion of issuance increase risks for retail.
The forum may enhance interest in the project, but the current governance model increases the asymmetry of risks. It is important to assess not the statements, but the actual structure of control.
This is not financial advice, but an analytical breakdown
