World Liberty Financial (WLFI) Airdrops Its USD1 Stablecoin to Token Holders

DeFi project World Liberty Financial (WLFI) is putting its USD1 stablecoin airdrop to a vote.

World Liberty Financial, a decentralized finance (DeFi) project backed by the Trump family, has officially launched a vote to approve the airdrop of its USD1 stablecoin.

The project is recommending that a small portion of USD1 be distributed to all current WLFI token holders. This will serve as a test of the airdrop feature and allow the team to thank early supporters.

“This advisory proposal recommends World Liberty Financial test its onchain airdrop feature by distributing a small amount of USD1 to all current WLPHI token holders. This will allow World Liberty Financial to validate the technical functionality of its airdrop system in a live environment while thanking early supporters of the project,” the team explained.

The governance vote will take place from May 7 to May 14. At the time of writing, the poll shows 99.97% in favor of “YES”—to proceed with the USD1 airdrop test. This suggests that the project will likely launch the airdrop this month or next.

The integration of USD1 into the Lista DAO ecosystem on BNB Chain has also been announced by World Liberty Financial. According to a post on the project’s X account, the USD1/ListaDAO liquidity pool is now live.

This will enable users to participate in DeFi activities such as lending, borrowing, and earning stable yield.

“The momentum behind USD1 is real — and we’re just getting started. Let’s fly.”

After announcing plans to propose a proposal for testing the airdrop feature, World Liberty Financial is now taking the next steps toward distributing USD1 to WLFI holders.

The proposal, titled "Test: Airdrop USD1 to All WLFI Token Holders," is set to be voted on by the community. The snapshot vote for the proposal will be taken on May 7 at 14:00 UTC, while the poll will close on May 14 at 14:00 UTC.

As of May 7, the poll shows an overwhelming majority in favor of the proposal, with 99.97% of voters voting "YES." This indicates strong support for the USD1 airdrop test among the World Liberty Financial community.

The proposal aims to enable a small-scale test of the airdrop feature by distributing a minimal amount of USD1 to all current WLFI token holders. The goal is to validate the technical functionality of the airdrop system in a live setting.

"This proposal is to test the airdrop feature by transferring a minimal amount of USD1 to all current WLFI token holders at the snapshot epoch to be determined by the community in a later proposal," the proposal reads.

"This will allow World Liberty Financial to validate the technical functionality of its airdrop system in a live environment while thanking early supporters of the project. The total amount of USD1 to be airdropped will be no greater than 0.0001 USD1 per WLFI token holder."

The proposal also notes that the proposal to determine the snapshot epoch for the airdrop will be open for voting immediately after this proposal closes.

Those who hold WLFI tokens and have completed the required identity verification will be eligible to receive the airdrop. The minimum holding requirement for the airdrop is 100 WLFI tokens.

Moreover, the World Liberty Financial team will be applying for approval from the community to allocate a grant of up to 500,000 USD1 to cover the operational costs associated with the airdrop.

World Liberty Financial's initiative to airdrop USD1 to its token holders comes amid a broader trend of decentralized protocols integrating stable yield strategies.

Recently, protocols like Aave and Balancer have been introducing new features that enable users to earn stable yields from their stablecoin holdings. This development is in response to the increasing demand for low-risk and high-yield investment opportunities in the cryptocurrency market.