World Liberty Financial (WLFI), a decentralized finance project linked to U.S. President Donald Trump, has proposed an airdrop of its newly launched stablecoin, USD1. The move aims to test its on-chain airdrop system while rewarding early supporters. Here’s how to qualify for the airdrop.
WLFI Airdrop Plan For Eligible Holders
On April 8, WLFI announced plans to distribute a small amount of its USD1 stablecoin to eligible WLFI token holders. The company described this as a “technical functionality test” designed to ensure the airdrop system works smoothly in a live environment. At the same time, it serves as a thank-you to early adopters.
WLFI, which launched in September, has already raised $550 million through token sales, and USD1 went live in March. The firm believes that a successful airdrop will boost visibility and awareness of its stablecoin before a full-scale rollout.
“Testing the airdrop mechanism in a live setting is a necessary step to ensure smart contract functionality and readiness,” the company stated.
How to Qualify for the Airdrop
Although WLFI has yet to finalize the exact amount and date of the airdrop, the event will take place on Ethereum Mainnet and will be funded by the WLFI project. Investors hoping to benefit should hold WLFI tokens until the snapshot is taken.
Historically, airdrop allocations have been based on the number of tokens held, meaning investors with larger WLFI holdings may receive a greater amount.
Holding tokens in a non-custodial wallet instead of an exchange wallet could also increase eligibility.
Political Concerns and Criticism
Since its launch, WLFI has faced scrutiny due to its ties with Trump. Lawmakers have raised concerns about his financial involvement, warning that it could impact upcoming regulations such as the STABLE Act.
Meanwhile, reports indicate that $390 million of the project’s funds have already been paid to DT Marks DEFI LLC, a Trump-linked entity.
Although USD1 is backed by U.S. Treasuries and managed by custodian BitGo, WLFI’s governance token remains non-transferable, raising transparency concerns.
Despite the backlash, WLFI continues pushing forward, positioning itself as a major player in the stablecoin market.
