- World Liberty Financial (WLFI), supported by Donald Trump, is partnering with Chainlink to integrate real-time Ethereum Price Feeds into its Aave v3 instance, pending governance approval.
- WLFI aims to promote U.S.-pegged stablecoins for widespread use in decentralized finance.
World Liberty Financial (WLFI), the DeFi project supported by Donald Trump and his family, has announced a significant partnership with Chainlink, utilizing the latter’s decentralized oracle service to bring on-chain data into its operations. WLFI developers plan to integrate Chainlink’s Ethereum Price Feeds into their Aave v3 instance, subject to approval by the WLFI Governance Platform.
This integration will enable real-time access to financial market data, which is critical for WLFI’s platform functionality, according to the company. Chainlink’s Price Feeds, already used in AAVE’s base instance, are a well-established component in the DeFi ecosystem.
The collaboration marks a key milestone for both entities.
“World Liberty Financial’s partnership with Chainlink marks a significant step forward. We have never been more optimistic about the future of crypto and DeFi technology,” said Eric Trump, Web3 Ambassador at WLFI.
Chainlink’s co-founder, Sergey Nazarov, also shared his endorsement, emphasizing WLFI’s commitment to a security-first approach.
“We are excited to collaborate with them, and I appreciate that they are approaching their launch with a strong focus on security,” Nazarov told Decrypt.
WLFI, launched by Trump in mid-September, aims to provide cryptocurrency borrowing and lending services on the Ethereum blockchain while rewarding liquidity providers.
In October, WLFI submitted a proposal to Aave’s governance forum, signaling its intent to expand within the Ethereum DeFi space. There are also reports of the project considering a native stablecoin, reflecting its mission to sustain the global prominence of U.S.-pegged stablecoins in decentralized finance.
As the team stated earlier,
“Our mission is crystal clear: Make crypto and America great by driving the mass adoption of stablecoins and decentralized finance.”
With the adoption of Chainlink’s oracle, WLFI appears poised to further its vision, adding an established layer of data security to its DeFi services.
Edited by Harshajit Sarmah