The encryption project WLFI sales are below expectations, while Trump's approval ratings are rising against the trend.

As of 2 PM on October 18, a certain DeFi project's token WLFI has sold approximately 870 million pieces, equivalent to about 13.06 million USD, far below the expected 20 billion pieces and 300 million USD sales target.

The WLFI token sale began on October 15, and after about three days, only 4.3% of the total token supply was sold. The weak sales of this DeFi project are mainly due to high qualification thresholds for buyers and restrictions such as non-transferability of the tokens.

Unlike most token sales that are open to everyone and can be purchased anonymously, only qualified investors or non-residents in the United States can purchase WLFI tokens. U.S. resident investors must have an annual income exceeding $200,000, a net worth exceeding $1,000,000, or be senior management personnel of relevant companies to be considered "qualified investors".

In addition, WLFI cannot be transferred between wallets for the time being, which means holders cannot sell the token. The only thing they can do is wait for the DeFi protocol to be released, at which point holders will be able to vote on proposals that affect the protocol.

The documents released by the project party show that a certain family can receive 75% of the net income, which amounts to 22.5 billion WLFI tokens, valued at $337.5 million based on the issuance price. The document also states that the project and the tokens "are not related to politics and do not belong to any political activities."

Due to the high proportion of revenue from the protocol and the lack of innovation, the project has sparked criticism within the encryption community. Some industry insiders believe that this project lacks practicality and uniqueness, resembling more of a "meme disguised as a practical project."

Despite the skepticism surrounding the project, with less than three weeks until the U.S. presidential election voting day, a certain candidate has seen a significant turnaround in support on the prediction market, reaching a new high of 62.5%. According to data from the prediction website, the probability of this candidate winning the U.S. presidential election has risen to an all-time high.

A political action committee has raised approximately $7.5 million through cryptocurrency, with donors contributing BTC, ETH, and XRP, as well as USDT and USDC to the campaign. This reflects the candidate's influence in the encryption space, partly due to their competitors' underwhelming performance on crypto policy.

As the election day approaches, various parties have launched encryption policies to attract voters to differing extents. The outcome of this showdown will have a profound impact on future encryption regulatory policies. The encryption community is closely monitoring this election, hoping for the introduction of policies that can promote industry development.