The Crypto Platform of the Trump World Liberty Financial (WLFI) family’s Crypto Platform (WLFI) suggests that it will thirdrop a small amount of the new US dollar-pegged stablecoin to reward WLFI’s early holders in a test of its airdrop mechanism.
With more than 99% of votes in favor of the proposal that, AirDrop will share A small amount of USD1 to eligible wlfi token holders, According to at the May 6 proposal at the WLFI Governance Forum.
“Airdrop mechanism testing in a live setting is a necessary step to ensure the operation of the wise contract and readiness. This distribution also serves a significant way to thank our earliest supporters and introduce them to the USD1,” the state proposal.
“It will allow the World Liberty Financial to prove the technical function of its airdrop system in a live environment while grateful to early supporters of the project.”
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USD1 value should still be determined but based on Total Proper Dompets and budget, according to the proposal.
The date for AirDrop is also pending, and WLFI says it provides “right to stop, suspend, change or terminate the test airdrop” at any time.
The vote is set to close on May 14, and to this day, favors preceded 2.6 billion, or 99.97% of tokens, used to vote yes. The proposal battles make up nearly 901,000 votes, or 0.03% of the vote to this day.
Wlfi Stablecoin was launched in early March. Since launching the platform in September, there is also a crypto firm completed two token sales to the publicnetting the firm of a combined $ 550 million From The 85,000 registered holders.
Other countries that challenge the US dollar stablecoins
The US dollar-denominated stablecoins market cap crossed $ 230 billion in April, a Report from investment banking giant Citigroup found, an increase of 54% since last year, with Tether (USDT) and USDC (USDC) dominant in 90% of the market.
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However, other countries have announced plans to launch stablecoins supported by currencies other than the US dollar.
On April 28, a trio of major Abu Dhabi institutions, including Emirate’s Sovereign Wealth Fund, announced A joint initiative to launch A new dirham-pegged stablecoin.
A Russian financial ministry officer also floated a plan on April 16 for the country To form its own stablecoin after a freeze In the purses linked to the Russian exchange Garatex by US authorities and Stablecoin Issuer Tether.
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