World Liberty Financial floats USD1 airdrop to WLFI holders

World Liberty Financial floats USD1 airdrop to WLFI holders

World Liberty Financial floats USD1 airdrop to WLFI holders

The vote on the airdrop proposal will close on May 14, and at the moment, those in favor are way ahead, with 99.97% voting yes.

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.

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. This distribution also serves as a meaningful way to thank our earliest supporters and introduce them to USD1,” the proposal states. 

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