• World Liberty Monetary WLFI is airdropping 8.4 million governance tokens to early USD1 factors program customers.
  • The airdrop targets customers who traded USD1 pairs or held USD1 balances throughout six main exchanges.
  • The loyalty program will increase to spice up USD1 utility by way of new buying and selling pairs, DeFi integration, tokenised commodities, and an Apple Pay debit card.

World Liberty Financial (WLF) will allocate 8.4 million WLFI governance tokens to early members in its USD1 factors program, concentrating on customers who helped seed exercise within the venture’s stablecoin.

The airdrop targets customers who joined the USD1 Factors Program, launched two months in the past to drive adoption of the US greenback–backed stablecoin. Individuals accrued factors by buying and selling USD1 pairs on companion exchanges and by sustaining balances within the stablecoin. 

World Liberty mentioned standards, eligibility, and distribution mechanics will differ by venue, citing a Wednesday put up on X.

The corporate mentioned the loyalty program will stay dwell and increase alongside new measures to spice up USD1 utility, together with extra buying and selling pairs, DeFi integrations, and additional rewards.

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Six Main Exchanges Taking Half

The preliminary distribution will run throughout six centralised exchanges: Gate.io, KuCoin, LBank, HTX World, Flipster, and MEXC. Every platform will set its personal timing and reward guidelines. The corporate mentioned the factors initiative will increase to new venues and add decentralised finance integrations and extra methods to earn and redeem rewards.

USD1 is issued by World Liberty Monetary and custodied by BitGo. It ranks because the sixth-largest stablecoin with a market capitalisation of US$2.94 billion (AU$4.56 billion), in response to CoinMarketCap.

WLF can also be increasing past stablecoins and searching deeper into tokenising commodities, together with gasoline, cotton, and even oil. The tokenised belongings could be paired with USD1, Crypto Information Australia reported.

The crew behind WLF can also be engaged on integrating USD1 into mainstream retail funds with a debit card on Apple Pay.

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The put up Trump-Linked WLFI to Airdrop $1.2M in Tokens to Early Stablecoin Users appeared first on Crypto News Australia.