Donald Trump and affiliates can claim three-quarters of the revenue generated by the upcoming DeFi platform, World Liberty Financial, including from its ongoing token sale. The project’s whitepaper reveals that DT Marks DEFI LLC, a Delaware-based entity affiliated with the former U.S. president, has a right to claim 75% of revenue generated by World Liberty Financial, despite not being employed by or holding executive roles for the project. While Trump is listed as World Liberty Financial’s “chief crypto advocate” and his sons Barron, Eric, and Donald Trump Jr. are “Web3 Ambassadors," the whitepaper emphasizes that no members of the Trump family or DT Marks DEFI LLC are “officers, directors, founders, or employees” of the project. Instead, the whitepaper says Trump agreed to “promote the WLF and the WLF Protocol from time to time," positioning Trump and his family to profit handsomely from the project without taking on any operational responsibility. “For these services and rights, World Liberty Financial agrees that DT Marks DEFI LLC will receive 22.5 billion $WLFI tokens and a right to receive 75% of the net protocol revenues,” the whitepaper said. The WLFI allocation equates to 22.5% of World Liberty Financial’s token’s supply. The whitepaper said that net protocol revenues include “revenues to [World Liberty Financial] from any source, including without limitation platform use fees, token sale proceeds, advertising or other sources of revenue." Trump's share of revenue is calculated after deducting the platform’s operational expenses and reserves. The whitepaper noted that $30 million of World Liberty Financial’s “initial net protocol revenues” will be held in a reserve controlled by the project’s multisig wallet to cover operating expenses, indemnities, and obligations. Last week, World Liberty Financial proposed launching an instance of Aave v3, the largest DeFi lending protocol. As such, World Liberty Financial’s future revenues are expected to take the form of fees generated through lending and borrowing on the platform. AMG Axiom Management Group (AMG), a company wholly owned by Chase Herro and Zachary Folkman — both of whom are listed as World Liberty Financial co-founders — also has a right to 25% of World Liberty Financial’s net protocol revenue. AMG will also receive 7.5 billion WLFI tokens. However, AMG agreed to share half of its stake with WC Digital Fi LLC, a company affiliated with Steve Witkoff, a real estate mogul, and his family. Witkoff and two family members are also listed as World Liberty Financial co-founders. Herro and Folkman have been associated with several controversial ventures in the past. The pair were involved with Dough Finance, a DeFi project that suffered a $2 million loss to a flash loan attack in July. Herro, self-styled as a “dirtbag of the internet," previously promoted a token during an appearance on the podcast of Logan Paul — an influencer associated with multiple crypto projects accused of scamming users — that subsequently lost 95% of its value. Folkman previously operated a company offering dating advice under the brand "Date Hotter Girls." A New York Times report revealed that the duo has a history of quickly moving between ventures, having formed at least 17 companies together, often setting up their businesses in tax havens such as Puerto Rico and the U.S. Virgin Islands. WLFI token sale World Liberty Financial launched a token sale on Oct. 15 but has struggled to meet its ambitious goal of raising $300 million at a fully diluted valuation of $1.5 billion. So far, the project has managed to raise $12.6 million after 40 hours, with 96% of the token allocation still available. WLFI tokens are priced at $0.015 each. The offering has drawn participation from 11,783 unique wallets, according to Dune — far below the 100,000 signups the project claimed ahead of launching the sale. The whitepaper said WLFI tokens serve as governance tokens allowing holders to vote on protocol upgrades and other key decisions. No single wallet can vote on more than 5% of the total token supply. The tokens will be non-transferable for 12 months. Initially, Folkman said 63% of the WLFI’s supply was allocated for sale, but this has since been revised to 35%. The remaining tokens include 32.5% earmarked for community growth, 30% for early supporters, and 2.5% for the team and advisors. Despite WLFI comprising governance tokens, World Liberty Financial emphasized it is not structured as a Decentralized Autonomous Organization (DAO). Instead, the project operates as a Delaware non-stock corporation with a board of directors.