Key Points
World Liberty Financial, a decentralized finance project linked to the Trump Organization, has opted for Chainlink (LINK) for its data feed integration.
Integration to Support Aave v3
This move is part of its strategy to launch the protocol on Aave v3.
In a press release on Nov. 14, Chainlink announced that World Liberty Financial will begin integrating Chainlink Price Feeds on the Ethereum mainnet.
This is still subject to approval from the WLFI Governance Platform.
Chainlink’s infrastructure enables offchain data and cross-chain connectivity.
This will give WLFI access to leading onchain data and cross-chain interoperability infrastructure.
Upon approval from the WLFI community, Chainlink Price Feeds will offer crucial financial market data.
This data will support the anticipated Aave v3 launch, though the timeline for implementation is yet to be clarified.
Following this news, the WLFI price rose by 9% to $0.000000000001811.
Eric Trump, the web3 ambassador at World Liberty Financial, expressed that this partnership is a significant advancement.
He stated that the team has never been more bullish on crypto or the future of defi technology.
World Liberty Financial was revealed by President-elect Donald Trump on Sept. 16.
He pledged to make America the crypto capital of the world.
WLF aims to offer borrowing and lending services.
It intends to be more user-friendly and accessible than existing decentralized finance platforms.