US President Donald Trump-backed crypto project World Liberty Financial (WLFI) is planning to distribute a small amount of the USD1 stablecoin to all current holders of WLFI tokens to test its airdrop function. The new governance proposal aims to reward early supporters and prepare them for future growth.
WLFI’s USD1 Airdrop Test
As per the proposal, each wallet will receive a fixed amount of USD1 funded by World Liberty Financial, Inc. (the final amount will be based on the eligible wallet count and budget). The distribution test will be carried out through WLFI’s proprietary on-chain airdrop.
The project stated, “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 official statement outlines the next steps: first, conducting a forum discussion and gathering feedback, finalizing the airdrop amount and execution details, holding a governance vote, executing the airdrop, and announcing the distribution publicly.
The move for an airdrop test comes at a crucial time, especially as the global crypto market strives to recover from yesterday’s dip. Currently, the global crypto market cap is $2.51 trillion, a 1.15% increase over the last day. The slight upsurge in the market cap is a result of the total crypto market volume over the last 24 hours increasing by 109.26%, reaching $203.35 billion.
The global economic world came to a halt after Donald Trump’s aggressive tariff approach. In fact, some countries went beyond material means and started boycotting American products in response to the tariff war. Amid this, the Trump-backed WLFI project is certainly trying to make a comeback in the crypto game, using the most effective tactic, i.e., an airdrop test.
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