Finally, last week, official details began to emerge of what the project actually is, or claims to be: yet to be developed and released, it is a “best-in-class consumer app,” distinguished by “simple and a familiar user interface. /UX via one-click social login and wallet creation,” according to a blog post. (UI/UX is an abbreviation for user interface and user experience). Essentially, the project plans to operate an instance of the Aave decentralized finance (DeFi) project on the Ethereum blockchain, with plans to eventually deploy it on the Layer 2 Scroll network, according to the blog. World Liberty Financial even published a “temperature control” proposal to Aave’s governance discussion forum to gather community feedback. One commenter wondered aloud whether the deal made sense for Aave, given that the Trump-affiliated project would show promise 20% of revenue to Aave“compared to 100% of the main Aave instance”, adding that “it is worth evaluating whether this could lead to internal competition between the current Aave market and that of WLF, or if the growth of new users and “Greater liquidity will far outweigh any potential downside.” “. One sarcastic poster wrote that “the irony of a man known for failing to pay creditors launching a decentralized lending protocol is almost too good to be true.”
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