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Home Market Research Cryptocurrency

Trump-backed World Liberty Financial proposes stablecoin airdrop to WLFI holders to test system functionality

by TheAdviserMagazine
7 months ago
in Cryptocurrency
Reading Time: 2 mins read
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Trump-backed World Liberty Financial proposes stablecoin airdrop to WLFI holders to test system functionality
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Key Takeaways

World Liberty Financial plans to distribute USD1 tokens via an airdrop to WLFI holders as a trial.
The test aims to verify the company’s onchain airdrop infrastructure and reward early adopters.

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World Liberty Financial (WLFI), the DeFi project backed by Trump and his sons, has issued a proposal to conduct a small-scale airdrop of its USD1 stablecoin to all current holders of WLFI tokens to test the airdrop system in a live environment.

The test is also aimed at introducing the stablecoin to early WLFI supporters. According to the proposal published on Monday, all wallets currently holding WLFI tokens would be eligible to receive a fixed amount of USD1, subject to requirements that will be determined by the firm.

The distribution will take place through World Liberty Financial’s airdrop system, with the exact amount to be finalized based on the total number of eligible wallets and available budget.

The company maintains discretion over the timing of the airdrop and reserves the right to “discontinue, suspend, modify or terminate the test airdrop at any time as well as to establish any additional eligibility requirements.”

The proposal outlines three main objectives: testing the airdrop infrastructure in production, increasing visibility of USD1 before broader market access, and rewarding early WLFI adopters.

Next steps include gathering community feedback through forum discussions, finalizing distribution details, conducting a governance vote, executing the airdrop, and making a public announcement.

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Tags: AirdropfinancialfunctionalityHoldersLibertyproposesStablecoinsystemtestTrumpbackedWLFIworld
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