World Liberty Financial has announced the distribution of 8.4 million WLFI tokens, valued at approximately $1.2 million based on the current market price of $0.14 per token, to reward users who participated in the USD1 Points Program. This airdrop targets early adopters who engaged with the USD1 stablecoin over the past two months, earning points by trading USD1 pairs and maintaining USD1 balances on partner exchanges.
The distribution will occur across six platforms: KuCoin, MEXC, Gate.io, HTX Global, LBank, and Flipster. Each exchange will independently set eligibility criteria and calculate user rewards, with World Liberty Financial confirming that eligibility for earning points and rewards may vary per platform. The company emphasized that this initiative is part of its broader strategy to boost USD1 adoption and community engagement, having driven $500 million in growth through the program since its launch.
USD1, a US dollar-backed stablecoin issued by World Liberty Financial, now ranks sixth globally by market capitalization at $2.94 billion, with BitGo providing custodial support. The WLFI token, which peaked at $0.46 in September but has since declined by nearly 70%, is expected to see increased liquidity and trading activity from this airdrop. World Liberty Financial, which is linked to former President Donald Trump, reported over $1 billion in profits in the past year, with $550 million attributed to WLFI alone.
Future plans include expanding the USD1 Points Program to more exchanges and decentralized finance integrations, with the company stating, This is only the beginning. Distribution is underway, but no specific completion date has been announced, and users are advised to monitor their exchange accounts for automatic token deposits without additional action required.
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