The post World Liberty Financial (WLFI) Proposes USD1 Airdrop: Community Voting Begins appeared on BitcoinEthereumNews.com.

As it tests its distribution system, World Liberty Financial (WLFI), the cryptocurrency platform supported by the Trump family, has suggested rewarding early WLFI token holders with an airdrop of its USD1 stablecoin. Over 99% of votes have already been cast in favor of the initiative, according to a proposal made on May 6 in the WLFI governance forum. The USD1 stablecoin, which launched in early March, is fully backed 1:1 by short-term US government treasuries, dollar deposits, and cash equivalents. The platform describes the planned airdrop as both a technical validation of its distribution system and a way to thank early supporters by introducing them to the USD1 ecosystem. WLFI covers Airdrop Proposal Details and Voting Status World Liberty Financial airdrop proposal is founded on a proposal to distribute a small amount of USD1 stablecoin to qualified WLFI token holders as part of a technical validation process. The precise amount of USD1 to be distributed is yet to be decided. That amount will be determined by the number of qualified wallets and the initiative budget, according to the May 6 governance forum post. WLF fam — it’s time.A new Snapshot vote is live to airdrop USD1 to all eligible $WLFI holders.Free USD1. The hottest stablecoin in crypto 🦅 Don’t miss your chance — vote now:https://t.co/Cv99dBiPh1 — WLFI (@worldlibertyfi) May 6, 2025 The proposal explicitly mentions that the airdrop has two primary goals: “Testing the airdrop mechanism in a live environment is necessary to verify smart contract functionality and preparedness. This distribution is also a good way to show our appreciation towards our earliest adopters and get them used to USD1.” Now, the vote on the governance clearly supports the proposal. With the deadline set for May 14th voting, the supporters have already voted 2.6 billion tokens, which is 99.97% of…

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Filed under: News - @ May 7, 2025 8:25 pm