Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.
This week, Republican presidential candidate Donald Trump is preparing to launch his DeFi platform, which will likely include crypto lending and borrowing capabilities. The candidate is “embracing the future with crypto.”
In the broader crypto space, Uniswap CEO Hayden Adams denied allegations that he demanded money for DeFi protocol deployment through a decentralized governance vote on Uniswap.
Trump to launch World Liberty Financial crypto platform on Sept. 16
Trump’s World Liberty Financial crypto project will launch on Sept. 16, the former president and Republican presidential nominee announced.
In a Sept. 12 video posted on X, Trump said he would go live on the platform to launch the project controlled by his sons, Donald Trump Jr. and Eric Trump.
“We’re embracing the future with crypto and leaving the slow and outdated big banks behind,” he said.
World Liberty Financial announcement. Source: Donald Trump
Trump has previously made several cryptic posts concerning World Liberty Financial, vaguely positioning it as a DeFi platform for borrowing and lending.
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Uniswap CEO denies allegations of charging for protocol deployments
Uniswap CEO Hayden Adams has refuted allegations on X that Uniswap has demanded money from decentralized finance protocols for deployments.
The CEO took to X on Sept. 12 and said that neither Uniswap Labs nor Uniswap Foundation charge for protocol deployments.
Source: Hayden Adams
Adams said protocol deployments happen through governance votes. He explained that for the Uniswap interface, the requirements for deployment on a new chain are based on the activity and effort required.
The reaction from the Uniswap CEO comes after X user Alexander alleged that Uniswap asked developers “to pony up $20M for an ineffective Uniswap deployment.”
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Sonic blockchain reaches record 720ms finality in testnet phase
The Sonic blockchain has achieved a transaction finality of 720…
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