World Liberty Financial proposes an airdrop of stablecoin for WLFI holders to test the functionality of the system.

World Liberty Financial (WLFI), a DeFi project backed by former President Donald Trump and his sons, has just announced a proposal to implement a small-scale trial airdrop for the stablecoin USD1. This trial aims to test the effectiveness of the airdrop system in a real-world environment while introducing the stablecoin USD1 to early investors of WLFI.

According to the proposal published on Monday, all wallets currently holding WLFI tokens will qualify to receive a fixed amount of USD1. However, the specific quantity and detailed requirements will be determined by WLFI based on the total number of eligible wallets and the available budget.

The airdrop is expected to be conducted on the Ethereum network. However, the distribution time has not yet been determined. WLFI also emphasizes that they have the right to modify, suspend, or cancel any test airdrop at any time, even if the proposal has been approved by the governance system. Additional conditions and implementation details will be announced after receiving feedback from the community and conducting an official vote.

Previously, last month, WLFI announced the plan to launch USD1 – a stablecoin specifically designed for institutional and national investors. Initially, USD1 will be deployed on two major blockchain networks: Ethereum and BNB Chain. Recently, the WLFI team has also successfully tested the transfer of the stablecoin USD1 between BNB Chain and Ethereum with support from Wintermute, a strategic partner in the decentralized finance sector.

With these strategic steps, WLFI is gradually asserting its position in the DeFi ecosystem while opening up opportunities for global investors to access innovative financial products.

Disclaimer: This article is for informational purposes only and is not investment advice. Investors should do their own research before making decisions. We are not responsible for your investment decisions.

• U.S. lawmakers urge the SEC to provide information about the crypto company backed by the Trump family
• The Trump family is accused of receiving the majority of the revenue from WLFI.

Mr. Teacher

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