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DeFi

World Liberty Financial Proposes Airdrop of Stablecoins to WLFI Holders to Test Functionality

By admin
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World Liberty Financial Proposes Airdrop of Stablecoins to WLFI Holders to Test Functionality

Anna Martynova

World Liberty Financial (WLFI), the DeFi project backed by Trump and his sons, has proposed an airdrop of its USD1 stablecoin to all current WLFI token holders to test the airdrop system in a live environment. The test also aims to introduce the stablecoin to early WLFI supporters. According to the proposal, published on Monday, all wallets currently holding WLFI tokens will be eligible to receive a fixed amount of USD1, according to requirements to be determined by the company.

The project said it reserves the right to modify, pause, or cancel the airdrop at any time, even if the proposal is approved by management. Further terms and details of the airdrop are expected to be revealed after receiving community feedback and an official vote.

Last month, WLFI revealed plans to launch USD1, a stablecoin for institutional and public investors, initially available on Ethereum and BNB Chain. The team also tested transfers of the USD1 stablecoin between BNB Chain and Ethereum with Wintermute.

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