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World Liberty Financial (WLFI), a decentralized finance project associated with US President Donald Trump, An offer announced on Monday To operate a test aircraft for WLFI token holders of your USD1 Stablecoin.
According to the proposal, the purpose of the initiative is to increase visibility for the USD1 before its widespread launch.
Stabelcoin, supported by American Treasury and managed by Custodian Bitgo, is part of WLFI’s effort to establish a regulated dollar-refined digital asset.
WLFI’s plan is Ethereum-based USD1 Aerdrop
The aircraft, which will be on the ethrium mannet and will be funded by WLFI, is still being finalized in terms of distribution amount and timeline.
“Testing the aircraft mechanism in a live setting is an essential step to ensure smart contract functionality and readiness,” it is said in the proposal.
However, the company reserves the right to change or cancel the test at any time and apply additional eligibility requirements.
The proposal underlines a multi-step process: community reaction, final form of distribution plan, a governance vote and an official announcement.
Voters “yes,” “no,” or “abstain,” can select, and initial voting trends show majority in favor of the test.
We only posted a new governance proposal:
To test our aircraft functionality by distributing USD1 to all $ Wlfi Holder – Awarding our early supporters and preparing for future development.
Join the discussion
https://t.co/ndg5yMyurm
– WLFI (@Worldlibertyfi) 7 April, 2025
WLFI USD1 launched in MarchThe bipartisan coincides with the discussion of the Congress on the stable Act.
Critics have expressed concern over Trump’s financial relations for the project, including the Trump-Still, a $ 550 million raised during the token sales, the Trump-Still, Trump-Buddhist unit, DT Marx DEFI LLC allegedly allocated $ 390 million.
The governance of the platform remains non-transferable, which raises additional questions about transparency and decentralization.
Tension in Washington has increased, the Democratic MPs have carried forward the amendment to the stable Act that will prevent sitting presidents and their families from launching stabechoin.
Meanwhile, Sen Elizabeth Warren and Rape. Maxin waters Called on sec To release internal documents related to WLFI, citing concerns on “regulator bias”.
Investigation follows the recent SEC decision to prevent enforcement operations, including Justin Sun, A. WLFI Investor and Founder of Tron Blockchain,
World Liberty Financial token of World Liberty Financial token ends
Last month, WLFI completed its token sales, Increase an impressive $ 550 million And ranking between the most successful in Crypto history.
The public sales of WLFI’s rule began on October 15, initially targeted by an increase of $ 300 million.
The project offered 20 billion tokens at each $ 0.015, which is banned for whitewashing investors.
However, the initial demand decreased, the sale of 766 million tokens produced only $ 11 million, inspiring the team to modify their target to $ 30 million.
Momentum moved after the launch of the official Trump (Trump) and Memm Meme (Memme (Melania), two trump-themes tokens that increased in popularity.
His success created a fresh interest in WLFI, which led to a strong participation in its token sales.
By 20 January, the initial sales were closed with 20% token supply. Seizing the opportunity, the project released an additional 5 billion WLFI tokens at $ 0.05 each.
The demand was high, and by 13 March, 99% of the newly released tokens was sold.
Post Trump-Linked World Liberty Financial proposes USD1 Stabecoin Aircraft for WLFI holders Appeared first Cryptonuse,