World Liberty Financial (WLFI), an organization supported by the U.S. President Donald Trump, has voted in favor of a plan to do a live trial of its on-chain airdrop system.
The voting on the proposal started on May 7, 2025, at 1:15 AM and was supposed to end on May 14, 2025, at 1:15 AM.
On May 14, the voting results for the proposal approved the project to issue an initial USD1 airdrop. The proposal gained a 99.96% approval rate from over 12000 voters. All WLFI holders who are eligible will receive a fixed USD1 airdrop.
While the exact launch date remains unconfirmed, the proposal outlines the general structure of the airdrop. The amount each wallet receives will ultimately depend on the number of qualified WLFI holders and the available budget designated for the test run.
The project notes that details will be disclosed before the airdrop goes live, and reserves the right to modify, suspend, or cancel the airdrop at any point. Additional conditions may also be introduced.
The program supports the effort to verify the dependability of WLFI’s blockchain and programs. The giveaway is meant to thank those who supported USD1 from the beginning and also increase the use of USD1 prior to its official launch.
World Liberty Financial Inc. backs USD1 for a dollar. The U.S. dollar pins the currency to its value, and cash, U.S. Treasuries, and dollar-based assets form a reserve to protect it. The custody of these assets belongs to BitGo, which is recognized as a leader in this field.
Also Read: World Liberty Fi Launches USD1 Without Any Vote! So What’s Use of WLFI token?
