Crypto stands out during the sale of Trump tokens, “gold paper”

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By Maya Cantina

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Finally, last week, official details about what the project actually is, or what it aims to be, began to emerge: yet to be developed and launched, it is a “consumer app top-notch”, which stands out with “simple integration and a familiar user interface”. /UX via one-click social login and portfolio creation,” according to a blog post. (UI/UX is shorthand for user interface and user experience.) Under the hood, the project plans to operate an instance of decentralized finance (DeFi) project Aave atop the Ethereum blockchain, with plans to eventually roll out on layer 2. Scroll network, according to the blog. World Liberty Financial even published a “temperature control” proposal to the Aave governance discussion forum to gather community feedback. One commenter wondered aloud if the deal made sense for Aave, given that the Trump-affiliated project would promise 20% of revenues to Aave“in relation to 100% of the main body of Aave”, and added that “it is worth assessing whether this could lead to internal competition between the current market of Aave and that of WLF, or whether growth from new users and increased liquidity will far outweigh any potential downside.” A sarcastic poster wrote that “the irony of a man known for failing to repay his creditors by launching a decentralized lending protocol is almost too good to be true.”

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