WLFI token terms: Non-transferable for one year, no plans to create a secondary market for the tokens
ChainCatcher message, the Trump family's crypto project World Liberty Financial has updated the terms and conditions for the sale of its WLFI tokens. The main points are as follows:
- WLFI is for governance purposes only and is not an investment tool;
- The tokens do not grant any economic rights or ownership;
- All WLFI is currently indefinitely locked in wallets or smart contracts and is non-transferable;
- If there is a future desire to unlock the transferability of WLFI through the protocol governance process, the following conditions must be met: it must be determined that it does not violate applicable laws, and at least 12 months must have passed since the completion of the token sale;
- Due to the non-transferability of the tokens, the company has not taken any action and does not plan to create a secondary market for the tokens;
- Token purchases are non-refundable, unless required by applicable law;
- WLF reserves the right to refuse or cancel token purchase requests.
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