**News Flash: Trump-Backed Crypto Project Proposes Integration with Aave**
World Liberty Financial, a cryptocurrency project backed by Donald Trump, has submitted a proposal to integrate with the DeFi platform Aave. The proposal, dated October 9, aims to launch as an Aave v3 instance on the Ethereum mainnet.
Key Points:
- **Revenue Sharing**: World Liberty Financial suggests giving AaveDAO 20% of the fees and 7% of its governance token, WLFI.
- **Liquidity Boost**: The project aims to enhance liquidity for stablecoins, Ether (ETH), and Wrapped Bitcoin (WBTC).
- **Initial Deposits**: Users can initially deposit Ether, WBTC, USD Coin (USDC), and Tether (USDT).
- **Governance**: Both AaveDAO and WLFI tokenholders need to approve the proposal.
- **Future Plans**: If successful, the project plans to expand to the Ethereum layer 2 blockchain, Scroll.
The proposal is now open for discussion among AaveDAO members before a vote takes place.