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World Liberty Financial Opens Voting for USD1 Airdrop, Unlocks Stable Yield
By: beincrypto|2025/05/07 16:45:02
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World Liberty Financial (WLFI), a decentralized finance (DeFi) project backed by the Trump family, has officially launched a vote to approve the airdrop of its USD1 stablecoin to eligible WLFI token holders.At the same time, World Liberty Financial has expanded its partnership with Lista DAO to offer stable yield for the USD1 stablecoin.WLFI Pushes USD1 Adoption Through Airdrop and Stable YieldAfter proposing the airdrop in early April, World Liberty Financial is now taking the next steps toward distributing USD1 to WLFI holders. These steps include a snapshot vote and an airdrop test.“This advisory proposal recommends World Liberty Financial test its onchain airdrop feature by distributing a small amount of USD1 to all current WLFI 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 stated.The governance vote will take place from May 7 to May 14. At the time of writing, the poll shows 99.97% favoring “YES”—agreeing to proceed with the USD1 airdrop test. This suggests the project will likely launch the airdrop this month or next.USD1 is a stablecoin that launched in March 2025. Short-term US government bonds, USD deposits, and other cash-equivalent assets back it. As the global stablecoin market cap surpasses $242 billion, USD1 is emerging as a new player, especially with backing from the Trump family.Additionally, data from BeInCrypto shows that USD1 experienced rapid growth in a short period. On April 28, its market cap stood at $128 million. By the following day, it had surged to over $2 billion.USD1 Market Capitalization. Source: BeInCryptoRight after the vote, WLFI made another move by announcing the integration of USD1 into the Lista DAO ecosystem on BNB Chain. According to a post on the project’s X account, the USD1/ListaDAO liquidity pool is now live. This allows users to engage in DeFi activities such as lending, borrowing, and earning a stable yield.“The momentum behind USD1 is real — and we’re just getting started. Let’s fly.” – WLFI stated.Stable yield is becoming a hot trend in the crypto market, especially as investors seek steady returns from stablecoins without the price volatility of regular tokens.Despite its momentum, WLFI is currently under fire from critics and legal authorities. Financial ties with foreign investors have raised concerns about conflicts of interest and national security risks, putting WLFI under significant pressure from lawmakers.The post World Liberty Financial Opens Voting for USD1 Airdrop, Unlocks Stable Yield appeared first on BeInCrypto.
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