Trump-backed World Liberty Financial has passed a proposal to test the on-chain airdrop feature by sending a “small amount” of USD1 to all eligible WLFI token holders. The proposal was passed with a approval rate of 99.96%.
On May 14th, WLFI holders recommended World Liberty Financial to test the Airdrop feature by officially sending a small amount of Stablecoin from the project’s USD page. The proposal, which totaled 12,000 votes, received a 99.96% approval rate from the governance vote.
The proposal does not include an estimated date when airdrops will occur, but it reveals important details of the expected airdrop.
According to the official website, all current owners of WLFI tokens will receive a fixed amount of USD1. However, the exact amount remains undecided and is calculated based on the number of eligible wallets in the ecosystem and the budget available for airdrop allocation.
The WLFI token holder also meets the eligibility requirements that the project decides once the decision is finalized. The project also includes World Liberty Financial, Inc., despite the Airdrop proposal being approved. warned that they could choose to pause, modify or terminate the test airdrop at any time and establish additional requirements for the holder.
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The purpose of conducting live airdrop testing is to ensure the smart contract capabilities of the project, the reliability of the system, and the preparation for such events. Airdrop is also a way for projects to reward holders with USD1, especially early adopters who have supported the project from the start.
Through the airdrop event, the project hopes to promote homemade USD page stubcoin and promote the USD1 circulation ahead of a wider deployment.
What is USD1?
USD1 is a Stablecoin from World Liberty Financial Inc. Although supported by the US Treasury Department, cash and other dollar-based equivalents, Bitgo acts as the official custodian. Shortly after its first launch in April 2025, Stablecoin’s trading volume surged by more than 6700%, reaching $140 million.
At the time of pressing, USD1 had a market capitalization of over $2.1 billion. Stablecoin has a circular supply of 2.1 billion tokens.
On May 1st at Token2049, World Liberty Financial co-founder Zach Witkoff declared that USD1 has been selected as the official Stablecoin for MGX’s $2 billion investment in Binance. The agreement marked the largest investment ever paid in Stablecoins.
On the same day, Witkoff announced that USD1 would be integrated into the Tron (TRX) blockchain. Stablecoin was first launched on Ethereum (ETH) and Binance Smart Chain (BNB).
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