Trump makes a big purchase of Decentralized Finance projects! Boosting LINK and AAVE by 30%.

Decentralized Finance project led by the Trump family - 'World Liberty Financial' has been active recently. On Thursday morning, it even spent tens of millions of dollars to buy Ethereum and other mainstream tokens, instantly igniting the market and inspiring a crazy surge in LINK and AAVE coin prices.

World Liberty Financial is an integrated multi-functional Decentralized Finance platform that allows users to engage in cryptocurrency lending, create liquidity pools, and trade stablecoins, while WLFI, as the governance Token, represents users' decision-making participation in the platform.

The 'Chief Cryptocurrency Advocate' of this Decentralized Finance project is none other than the incoming US President, Donald Trump, with his two sons Eric and Donald Trump Jr. serving as 'Web3 Ambassadors', while Barron Trump has been crowned the title of 'Decentralized Finance Visionary'.

Big purchase of LINK and AAVE, igniting market frenzy

According to online data, the relevant wallet of World Liberty Financial not only spent 10 million US dollars to buy Ethereum (ETH) in the early morning of the 12th, but also splurged 1 million US dollars each to sweep up Aave (AAVE) and Chainlink (LINK).

This wave of operations directly ignited market sentiment, with Ethereum soaring 7% in early Asian trading, reaching a high of $3,942.65 today; AAVE and LINK were also inspired by the news, both skyrocketing 30%.

CoinGecko market data shows that as of the time of writing, Ethereum is priced at $3,911, with a 5.7% increase in the past 24 hours; AAVE has surged 29.7% to $353.53; LINK has risen 23% to $27.94.

Trump's World Liberty (@worldlibertyfi) is buying $ETH, $LINK and $AAVE!

In the past 9 hours, the World Liberty Multisig wallet spent 10M $USDC to buy 2,631 $ETH at $3,801, 1M $USDC to buy 41,335 $LINK at $24.2, and 1M $USDC to buy 3,357 $AAVE at $297.8. pic.twitter.com/B11KvcwRJQ

— Lookonchain (@lookonchain) December 12, 2024

According to Spot on Chain, World Liberty Financial has bought 8,105 Ethereum over the past 12 days, with a total investment of about 30 million USD, at an average price of about 3,700 USD per coin.

Well-known cryptocurrency trader '@TheFlowHorse' speculates that this wave of buying may be closely related to the project's future major layout. He pointed out: 'Trump's team is obviously targeting cryptocurrencies that will shine in future plans.'

Chainlink becomes a strategic partner, and on-chain actions reveal long-term layout

It is worth noting that World Liberty Financial has adopted the data services provided by Chainlink to enhance integration with a wider cryptocurrency ecosystem. Chainlink not only provides key price data, but also builds cross-chain infrastructure for the platform, becoming a core partner in project operations.

Chainlink community contact Zach Rynes said: 'World Liberty Financial adopted Chainlink's standard data and cross-chain technology earlier this year, and recently purchased $1 million worth of LINK on the chain, once again consolidating the deep cooperation between the two ecosystems.'

He added, "As the new government will bring regulatory clarity to the US cryptocurrency industry, Chainlink and WLFI are expected to drive the widespread adoption of Decentralized Finance, creating a whole new landscape."

Deploy Aave v3 to attract new users to participate

In addition, World Liberty Financial's decentralized autonomous organization (DAO) proposed a proposal last week to deploy new features based on Aave v3, which will be supervised by external risk managers and operate on the existing Aave v3 infrastructure, and launch on the Ethereum blockchain.

Based on governance data, the proposal has reached the voting threshold ahead of schedule and will end on December 13. The core goal of this deployment is to attract more new users and share revenue with liquidity providers.

〈Trump's Decentralized Finance project makes a big purchase! Boosts LINK and AAVE to soar 30%〉This article was first published in "Blocktimes".