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MainNewsWorld Libert...

World Liberty Financial Airdrops $4 Million USD1 to 85,106 WLFI Holders


by Victor Olanrewaju
for CoinEdition
World Liberty Airdrops $4M USD1 to 85,106 WLFI Holders
  • Trump-backed World Liberty Financial airdropped $4M USD1 to 85,106 WLFI holders.
  • Each eligible WLFI holder received $47 USD1 in a smooth Ethereum-based airdrop.
  • WLFI tokens remain non-tradable, but a governance vote on trading is expected soon.

World Liberty Financial has completed the long-awaited airdrop of its stablecoin, USD1, to holders of its native WLFI token. On June 4, the project, which has connections to U.S. President Donald Trump, announced the distribution of $4 million worth of USD1.

On-chain records show that 85,106 eligible wallets received exactly $47 in USD1 each. The company stated that the process required no user action, such as claims or links, which allowed for a smooth delivery of the funds. The airdrop was executed on the Ethereum Mainnet, following a community vote in May that approved the plan introduced in April.

The proposal aimed to reward early WLFI supporters and to showcase the platform’s technical ability to manage large-scale airdrops. Participants in New York and other restricted jurisdictions did not qualify for the distribution.

Trump-Backed Stablecoin Gains Traction Amid Regulatory Scrutiny

The USD1 stablecoi…

The post World Liberty Financial Airdrops $4 Million USD1 to 85,106 WLFI Holders appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsWorld Libert...

World Liberty Financial Airdrops $4 Million USD1 to 85,106 WLFI Holders


by Victor Olanrewaju
for CoinEdition
World Liberty Airdrops $4M USD1 to 85,106 WLFI Holders
  • Trump-backed World Liberty Financial airdropped $4M USD1 to 85,106 WLFI holders.
  • Each eligible WLFI holder received $47 USD1 in a smooth Ethereum-based airdrop.
  • WLFI tokens remain non-tradable, but a governance vote on trading is expected soon.

World Liberty Financial has completed the long-awaited airdrop of its stablecoin, USD1, to holders of its native WLFI token. On June 4, the project, which has connections to U.S. President Donald Trump, announced the distribution of $4 million worth of USD1.

On-chain records show that 85,106 eligible wallets received exactly $47 in USD1 each. The company stated that the process required no user action, such as claims or links, which allowed for a smooth delivery of the funds. The airdrop was executed on the Ethereum Mainnet, following a community vote in May that approved the plan introduced in April.

The proposal aimed to reward early WLFI supporters and to showcase the platform’s technical ability to manage large-scale airdrops. Participants in New York and other restricted jurisdictions did not qualify for the distribution.

Trump-Backed Stablecoin Gains Traction Amid Regulatory Scrutiny

The USD1 stablecoi…

The post World Liberty Financial Airdrops $4 Million USD1 to 85,106 WLFI Holders appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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The parent company of social media platform Truth Social registered with the SEC to ...
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