WLFI Stablecoin Airdrop Test
World Liberty Financial (WLFI) has proposed a test airdrop of its USD1 stablecoin to existing WLFI token holders. This initiative serves a dual purpose: to rigorously test the functionality of its on-chain airdrop infrastructure and to reward early community supporters with exposure to the new stablecoin.
Key Takeaways
- WLFI plans to distribute USD1 tokens to WLFI holders as a trial run.
- The airdrop aims to validate WLFI's airdrop system and reward early adopters.
Details of the USD1 Airdrop
According to the proposal, all wallets holding WLFI tokens will be eligible for a fixed amount of USD1. The specific amount will depend on the total number of eligible wallets and the budget allocated for the airdrop. WLFI will use its own airdrop system for distribution on the Ethereum blockchain.
While the exact timing is yet to be finalized, the project retains the right to adjust, pause, or cancel the airdrop at any point, even after governance approval. Further details and conditions will be released following community feedback and a formal vote.
WLFI's USD1 Stablecoin
The USD1 stablecoin is designed for institutional and sovereign investors, with plans to expand beyond Ethereum to the BNB Chain. WLFI recently completed interoperability tests between these two blockchains for USD1 transfers, with the assistance of Wintermute.
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