World Liberty Financial floats USD1 airdrop to WLFI holders

Quick Summary:

This distribution also serves as a meaningful way to thank our earliest supporters and introduce them to USD1,” the proposal states. “This will allow World Liberty Financial to validate the technical functionality of its airdrop system in a live environment while thanking early supporters of the project.”Source: World Liberty Financial’The amount of USD1 is still to be determined but will be based on the total eligible wallets and budget, according to the proposal.

With over 99% of votes in favor of the proposal already, the airdrop will distribute a small amount of USD1 to eligible holders of the WLFI token, according to the May 6 proposal in the WLFI governance forum.“Testing the airdrop mechanism in a live setting is a necessary step to ensure smart contract functionality and readiness.

Trump family-backed crypto platform World Liberty Financial (WLFI) is proposing to airdrop a small amount of its new US dollar-pegged stablecoin to reward early WLFI holders in a test of its airdrop mechanism.

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Article Details

Author / Journalist: Cointelegraph by Stephen Katte

Category: Crypto

Markets: United StatesJapan

Topics: Launch Favor Airdrop Wlfi Proposal Stablecoin Holders Crypto Amount Usd1 Vote

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-07 @ 04:20:34 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 457 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28459525

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