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World Liberty Proposes USD1 Stablecoin Airdrop For WLFI Holders
(Originally posted on : Crypto News – iGaming.org )
Decentralized finance project World Liberty Financial (WLFI), which markets itself with links to the Trump family, has proposed an on-chain airdrop of its planned USD1 stablecoin to existing WLFI token holders.
The project had already revealed plans to launch USD1, a stablecoin it says is pegged to the U.S. dollar and backed by cash equivalents, dollar deposits, and short-term U.S. Treasury securities. Now, it wants to test its airdrop mechanism by distributing a small amount of the stablecoin to wallet addresses currently holding WLFI.
According to the proposal, the final airdrop amount will depend on the total number of eligible wallets and the project’s set budget. The WLFI team described the initiative as both a technical test and a gesture of appreciation for early supporters.
“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 team said.
World Liberty has generated attention due to its branding and affiliations. While its website identifies former President Donald Trump as the “Chief Crypto Advocate,” it also clarifies that he holds no official role—stating that he is not a founder, director, officer, or employee of the company or its affiliates.
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However, the project does disclose that DT Marks DEFI LLC, a Trump-linked entity involving members of his family, owns 22.5 billion WLFI tokens and is eligible to receive fees connected to the project.
World Liberty says the airdrop will help ensure its smart contracts are ready before wider use of USD1.