Altcoin

World Liberty Financial to AirDrop USD1 Stablecoins for WLFI holders, according to the management proposal

Published

6 months ago

April 10, 2025

The Trump Household Adjoining Decentralized Finance (Defi) Challenge World Liberty Monetary (WLFI) has proposed a Stablecoin AirDrop.

Final month, the Defi challenge introduced plans to launch a brand new stablecoin known as USD1, of which it says it’s linked to the US greenback and supported by short-term treasure field, greenback positos and money equivalents.

Now World Liberty desires to check its airdrop operate on the chain by distributing a small quantity of USD1 to all present WLFI token holders. In a single New proposalThe challenge says that the ultimate precise quantity will probably be based mostly “on the whole eligible portfolios and finances.”

Explains the world freedom,

“Testing the AirDrop mechanism in a dwell setting is a obligatory step to ensure good contract performance and readyness. This distribution additionally serves as a significant solution to thank our earliest supporters and introduce to USD1.”

World Liberty notes Within the small print on her web site, President Donald Trump shouldn’t be an officer, director, founder or worker of the corporate or one in all his affiliated firms, however the firm calls the president the ‘chief crypto lawyer’.

The web site of World Liberty additionally states that DT Defi LLC, an entity that’s affiliated with Trump and a few of his members of the family, owns 22.5 billion WLFI -Tokens and is entitled to obtain reimbursements from the challenge.

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