How Will the WLFI Airdrop Affect the Price?
The post How Will the WLFI Airdrop Affect the Price? appeared on BitcoinEthereumNews.com.
World Liberty Financial, the decentralized finance (DeFi) venture backed by US President Donald Trump, announced that it will distribute about $1.2 million worth of WLFI tokens to early users of its USD1 points program. This airdrop arrives as WLFI faces a challenging market, with prices falling 24.6% since September and bearish sentiment prevailing among traders. Sponsored Sponsored WLFI Airdrop Targets Early Supporters of USD1 Program According to the official statement, six centralized exchanges (CEXs) will oversee the distribution of 8.4 million WLFI tokens to eligible users. Rewards will go to participants who earned points by trading with USD1 pairs and holding USD1 balances. The first phase of distribution will be carried out by Gate, KuCoin, LBank, HTX, Flipster, and MEXC. World Liberty Financial advised users to check announcements from their respective exchanges for details on reward allocation and distribution schedules. “The criteria and eligibility for earning points and rewards and distribution details may vary based on each exchange’s rules,” the team noted. World Liberty said the airdrop recognizes users who played a key role in expanding the adoption of USD1. According to CoinGecko, USD1 is ranked among the top 10 stablecoins by market capitalization. Thus, the initiative rewards community loyalty while encouraging continued use of USD1 across participating platforms. “Two months ago, World Liberty launched the USD1 Points Program to Select Exchanges. The Loyalty platform put power in the hands of early users, who helped drive $500m of growth in the last two months through activities such as purchasing and using USD1 on partner exchanges. Now, those users get rewarded,” the post read. Sponsored Sponsored The DeFi project emphasized that the latest reward distribution marks the beginning of a broader expansion plan for the WLFI and USD1 ecosystem. World Liberty added that, “The WLFI points program will continue expanding alongside…
