- World Liberty Financial launches snapshot vote to distribute USD1 stablecoin to WLFI holders.
- The airdrop test will distribute USD1 on the Ethereum Mainnet with stakeholder feedback.
- WLFI integrates USD1 into Lista DAO on BNB Chain, enabling DeFi activities & liquidity pools.
World Liberty Financial (WLF), backed by President Donald Trump, has initiated the next phase of its token distribution strategy by launching a snapshot voting process, targeting the USD1 stablecoin distribution to qualified WLFI token owners. An on-chain airdrop test is currently in process. This test will allow WLFI token holders to receive USD1 according to the specified minimal distribution.
The USD1 token distributions will occur on Ethereum Mainnet, but the exact budget numbers are not yet finalized. Further, the company has reserved the right to change, pause, or cancel the airdrop distribution whenever it chooses. Notably, the planned distribution duration will be determined through stakeholder feedback.
Related: Binance Lands $2 Billion From MGX, Deal Done Entirely in USD1 Stablecoin
Airdrop Governance and Community Support
The project’s airdrop focuses on three main goals. Once feedback from stakeholders is collected, the governance team will hold a vote to decide the next step. The company will evaluate the airdrop’s execution before launching and making an official announcement.
The voting period for the airdrop initiative began on May 7 at 1:15 AM and concluded on May 14 at 1:15 AM. The proposal received tremendous support with 99.97% of participants voting ‘Yes’, while 0.03% voted ‘No’. The powerful endorsement from stakeholders signals broad community confidence in World Liberty Financial’s long-term Web3 strategy.
Lista DAO’s DeFi Expansion
Following the vote, the WLF continues to advance its blockchain infrastructure implementation to build a secure Web3 framework. The ongoing testing process verifies full system compatibility to enable key advancements while offering a consistent experience to all stakeholders involved.
Further, Lista DAO approved the integration of USD1 with Bitcoin Network support. This opens new DeFi opportunities via the USD1/ListaDAO liquidity pool, which supports services like lending, borrowing, and yield generation, through BNB Chain’s infrastructure.
This move marks a significant step in expanding WLF’s decentralized finance ecosystem. While much progress has been made, WLF acknowledges that there is still more to cover in the journey. Ongoing development and community collaboration remain key to achieving its broader vision.
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