Over 14 months in the past the Trump-founded World Liberty Monetary handed a governance vote that may contain it launching an Aave occasion to help its borrowing and lending options.
This vote was vital as a result of it helped validate World Liberty Monetary’s declare that governance “is the cornerstone of the WLFI platform.”
This occasion has but to be launched.
Is World Liberty Monetary a useless undertaking?
Nevertheless, don’t fear your self that World Liberty Monetary has been sitting stagnant. In any case, it’s been in a position to launch:
- the USD1 stablecoin, launched and not using a governance vote
- a bridge that lets you transfer your USD1 or WLFI tokens to different chains, launched in collaboration with Chainlink and and not using a governance vote
- WLFI Markets, a borrowing and lending market, launched in collaboration with Dolomite and not using a governance vote
- a partnership with a WLFI digital asset treasury agency, once more and not using a governance vote
Moreover, it’s had time to announce:
- a cryptocurrency pockets and not using a governance vote.
- overseas alternate options and not using a governance vote.
- that it’s looking for a financial institution constitution and not using a governance vote.
I’m beginning to query whether or not or not this agency is actually dedicated to creating governance “the cornerstone of the WLFI platform.”
They swapped out the borrow and lending platform from Aave to Dolomite with out even bothering to ask their tokenholders whether it is okay.
Would you consider me if I stated that Corey Caplan, World Liberty Monetary’s chief technical officer was additionally the founder and CEO of Dolomite?
I positive hope he had no battle of curiosity when he determined to discard the enter of governance tokenholders in favor of a platform he income from!
Such a habits isn’t unusual within the crypto ecosystem; contemplate World Liberty Monetary advisor Justin Solar.
Solar incessantly advertises and discusses the “TRON DAO,” however I problem you to indicate me a corporation that’s decentralized, autonomous, and accountable for governing TRON.
Did the WBTC DAO approve Justin Solar’s HTX as a service provider?
Or contemplate Solar-advised Wrapped Bitcoin, which has made large and sweeping adjustments to the construction of its so-called DAOs with out disclosing these adjustments to the general public.
We will additionally contemplate Solar-founded USDD, which has made numerous adjustments with out ever consulting its DAO.
It’s very simple to look at these lies in advertising and marketing from Solar and World Liberty Monetary, which means that those that are nonetheless keen to work with them should take pleasure in being lied to, or they like figuring out that prospects and customers are lied to.
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