World Liberty Financial (WLFI) is preparing to test its on-chain airdrop system by distributing the USD1 stablecoin to current WLFI token holders.
This proposal ensures the smooth functionality of the airdrop infrastructure. A fixed amount of USD1 will be distributed per wallet. The test aims to reward early supporters while providing a live environment to validate the airdrop system.
The project intends to distribute this stablecoin to holders on both Ethereum and BNB chains. Notably, the total amount will depend on the number of eligible wallets and the project’s budget.
🦅 We just posted a new governance proposal:
To test our airdrop functionality by distributing USD1 to all $WLFI holders — rewarding our earliest supporters and preparing for future growth.
Join the discussion 👇https://t.co/NDg5yMYUrM
— WLFI (@worldlibertyfi) April 7, 2025
Airdrop Details and Eligibility
The USD1 stablecoin will be distributed via an on-chain airdrop system on Ethereum’s mainnet. WLFI token holders who meet the eligibility criteria, yet to be defined, will receive the USD1 stablecoin.
However, despite the positive move for early adopters, World Liberty Financial reserves the right to modify or terminate the airdrop at any time. The company has also stated that the timing of the airdrop will be at its discretion.
This move comes as part of the company’s plan to boost visibility and awareness of the USD1 token before its broader market introduction. The test will also enable WLFI to assess the readiness of its infrastructure and ensure the proper functionality of the system in real-world conditions.
USD1 Stablecoin and Its Market Impact
The USD1 stablecoin was deployed last month on Ethereum and BNB Chain, with blockchain data revealing that the token’s supply stood at 3.5 million on each chain. Notably, market maker Wintermute and crypto custodian BitGo were involved in the token’s launch.
Despite the issuance of the token, the WLFI team indicated that it was not yet available for trading. The USD1 token’s release aligns with broader regulatory movements as stablecoin regulations, spearheaded by the Trump administration, continue to develop. The government seeks to promote the further adoption of U.S.-based stablecoins.
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