World Liberty Monetary (WLFI) has restored its web site after hours of downtime brought on by a surge of site visitors in the course of the preliminary hours of its extremely anticipated token pre-sale.
The Trump-family DeFi platform, which launched the pre-sale of its WLFI tokens earlier at present, skilled an amazing variety of guests, which led to the positioning’s full crash.
Regardless of restoring service, the web site continues to expertise intermittent technical points with loading, whereas a few of the built-in feeds meant to trace on-chain exercise stay non-functional.
Key metrics
As of press time, the platform has raised roughly $7.96 million in WLFI token gross sales, based mostly on Etherscan information.
In whole, roughly 530.7 million WLFI tokens had been purchased on the day by roughly 4,474 holders as of press time, reflecting continued curiosity from buyers after the positioning was restored.
WLFI tokens are being bought at $0.015 every, and on-chain information exhibits that patrons have continued to safe them all through the day. Particular person patrons acquired quantities starting from 1,365 WLFI to 86,678 WLFI per transaction.
The pre-sale’s aim is to boost $300 million, and whereas there’s nonetheless vital floor to cowl, the early exercise exhibits regular progress regardless of the technical challenges. With over 100,000 whitelisted members, gross sales are anticipated to develop because the pre-sale continues.
Pre-sale objectives
The WLFI token is about to function the governance token for World Liberty Monetary’s Ethereum-based DeFi protocol. The platform goals to place itself as a main participant within the DeFi area, specializing in companies like borrowing and lending.
Although the web site’s downtime delayed some preliminary purchases, the profitable restoration and the quantity of transactions recommend that the venture stays on observe to proceed constructing momentum.
The subsequent section of the sale shall be essential because the venture works towards its formidable fundraising aim, and potential patrons shall be seeking to take part now that the technical difficulties seem to have been resolved.
Editor’s Be aware: The article was printed earlier than the web site skilled a second outage at roughly 20:02 UTC.