- World Liberty Financial proposes a USD1 airdrop to WLFI token holders
- The airdrop will test the company’s new on-chain distribution system.
- The company will determine the final eligibility and timing.
World Liberty Financial (WLF), the crypto firm backed by U.S. President Donald Trump, revealed plans for a test distribution of its USD1 stablecoin to current holders of its native WLFI token, according to details on the company’s website.
Why Plan a Test Airdrop?
The proposed airdrop aims to validate the functionality of the company’s blockchain infrastructure in a real-world environment. According to the advisory, this test is necessary to ensure that smart contracts perform correctly before the broader rollout of the USD1 stablecoin.
While the main goal is technical, the proposal also serves as a gesture of appreciation toward early supporters of the WLFI token. World Liberty Financial seeks to recognize the community that has supported the project from its early stages by delivering a small token of value.
Related: World Liberty Financial: $550M Raised, SEI Purchase, and an Unusual Token Swap Offer
Airdrop Execution and Eligibility
All wallets holding any WLFI will be considered for the airdrop, though eligibility criteria may still be introduced. The exact amount to be distributed per wallet has not been finalized and will depend on the number of eligible recipients and available budget.
The company emphasized that the distribution will take place directly On-chain, using the Ethereum network. Even if the airdrop is approved, World Liberty Financial retains the right to modify, suspend, or cancel the distribution at any point. The company will make the final decision on timing, eligibility, and execution.
Related: Trump-backed World Liberty Financial’s crypto buys spark insider trading speculation
Notably, the proposal will undergo community discussion and a governance vote. The airdrop will be carried out and publicly announced if it receives approval. The company expects the move to generate awareness for USD1 and strengthen engagement with the WLFI community.
What is the USD1 Stablecoin Being Tested?
Last month, World Liberty Financial launched the USD1 stablecoin. The coin is pegged to the U.S. dollar and backed by short-term U.S. treasuries, dollar deposits, and cash equivalents. The stablecoin operates on both Ethereum and Binance Smart Chain.
Co-founder Zach Witkoff said USD1 brings the credibility of traditional finance to decentralized systems, offering secure cross-border payments for institutions. The launch comes as stablecoins surge, with the market growing over 46% in the past year.
What’s the Background on WLF and its Funding?
WLF, noted for its backing by Donald Trump, raised $550 million starting last October through two token sales. The firm’s structure reportedly allows entities associated with the Trump family to potentially receive up to 75% of its net revenue.
WLF expects the proposed airdrop test, if approved, to increase awareness for USD1 and engagement with its WLFI community.
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