World Liberty Financial To Airdrop USD1 Stablecoins to WLFI Holders, According to Governance Proposal

Bitget App

Trade smarter

Daily Hodl2025/04/08 16:00

By:by Daily Hodl Staff

The Trump family-adjacent decentralized finance (DeFi) project World Liberty Financial (WLFI) has proposed a stablecoin airdrop.

Last month, the DeFi project announced plans to launch a new stablecoin called USD1, which it says is pegged to the US dollar and backed by short-term government treasuries, dollar deposits and cash equivalents.

Now, World Liberty wants to test its on-chain airdrop feature by distributing a small amount of USD1 to all current WLFI token holders. In a new proposal , the project says the final exact amount will be based “on total eligible wallets and budget.”

Explains World Liberty,

“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.”

World Liberty notes in the fine print on its website that President Donald Trump is not an officer, director, founder, or employee of the firm or any of its affiliates, but the company does name the president as the “Chief Crypto Advocate.”

World Liberty’s website also states that DT Marks DEFI LLC, an entity affiliated with Trump and some of his family members, holds 22.5 billion WLFI tokens and is entitled to receive fees from the project.

Follow us on X , Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

Generated Image: Midjourney

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

BC.GAME, a leading name in Web3 gaming, has unveiled a major brand overhaul, introducing a new logo, updated colour scheme, and the bold slogan “Stay Untamed.” The rebrand signals the company’s sharpened focus on crypto integration and its vision to build a global, community-driven Web3 entertainment ecosystem.

DeFi Planet•2025/05/13 17:00

BC.GAME Rebrands, Expands $BC Crypto Ecosystem

Ethereum Rally Stalls Near $2.58K as Holders Take Profits

Ethereum is priced at $2,438, marking a 3.5% decline in the last 24 hours after experiencing a 34% increase over the past week. According to data from Coinglass, open interest has fallen by 2%, suggesting a decrease in leveraged positions. This pullback comes after an impressive rally, during which ETH rose from $1,800 to over $2,500 in just a few days.

DeFi Planet•2025/05/13 17:00

Ethereum Rally Stalls Near $2.58K as Holders Take Profits

Truth Social Denies Memecoin Launch Amid Trump Token Controversy

Truth Social, the social media platform owned by Trump Media & Technology Group, has denied circulating rumours suggesting it is launching a memecoin. In an official post, the platform dismissed the speculation as false, reiterating that it had no involvement in any crypto token launch.

DeFi Planet•2025/05/13 17:00