Trump-Backed World Liberty Financial Proposes Test Airdrop of USD1 Stablecoin to Token Holders
- The WLFI team conducts a USD1 stablecoin airdrop test to verify system operations.
- Early voting shows strong community support for WLFIs USD1 stablecoin airdrop proposal.
- WLFI raised $550M, with $390M going to Trump-affiliated entity DT Marks DEFI LLC.
World Liberty Financial (WLFI) has announced a plan to test the release of its USD1 stablecoin through decentralized finance project airdrop networks connected to former President Donald Trump. The proposal will evaluate the operational readiness of the projects airdrop functionality and provide benefits to its initial supporters. The test airdrop on Ethereum Mainnet and BNB Chain platforms enhances USD1 token exposure before extensive adoption.
Airdrop Test and Purpose
The upcoming test airdrop by WLFI enables verification of on-chain airdrop system technology performance within an operational framework. The system will deliver funds to WLFI token owners, yet details about the share amounts and distribution dates remain unfinished. Testing through this initiative will confirm that smart contracts work properly to allow USD1 stablecoin deployment on a large scale.
In addition to testing the system, the airdrop will also serve as a token of appreciation for early supporters of WLFI. The amount of USD1 stablecoin distributed will depend on the number of eligible wallets and the projects budget. WLFI reserves the right to modify, suspend, or terminate the airdrop at any time and may introduce additional eligibility criteria.
Voting and Community Support
The governance vote conducted by WLFI features within the proposal framework to determine whether the community supports the airdrop program. Participants may choose from three options designed to express their stance: Yes, No, or Abstain on the proposal. Early voting statistics demonstrate substantial backing for the test, with most voters choosing Yes less than seven hours after the proposals release.
In addition, reports of high community support for the initiative demonstrate extensive backing for the test and its ability to increase USD1 token visibility. The voting system at WLFI makes transparent decision making possible through community feedback to decide on the outcome of the test.
Market Reception and Criticism
The launch of USD1 in late March 2025 triggered extensive interest among investors because of its Trump family-connected political background. The token sales from WLFI generated $550 million, and $390 million was transferred to DT Marks DEFI LLC, which holds Trump family connections.
Congressional discussions about the bipartisan STABLE Act raise particular concerns because of this financial connection with the project. Financial critics have raised concerns about inherent conflicts, while other analysts scrutinize the projects transparency because its governance token lacks transfer capabilities.
Senator Elizabeth Warren and Representative Maxine Waters have asked the U.S. Securities and Exchange Commission (SEC) to disclose its internal information about WLFI because they fear regulatory bias. These officials demand enhanced oversight of the initiative while the SEC suspends its enforcement actions, including one involving WLFI investor and Tron founder Justin Sun.
Read more: https://www.tronweekly.com/world-liberty-financial-proposes-test-airdrop/
Text source: TronWeekly
