World Liberty Financial introduced it will distribute 8,4 million WLFI governance tokens as a reward to early adopters of its USD1 stablecoin factors program.
The USD1 factors program was launched two months in the past as a loyalty platform. Users can earn factors by buying and selling USD1 pairs on companion exchanges and sustaining their USD1 stability.
USD1 — stablecoin, pegged to the US greenback, issued by World Liberty Financial and saved on the BitGo platform. It’s presently the sixth-largest stablecoin in the world with a market capitalization of $2,98 billion.
The preliminary distribution of WLFI will be performed on six exchanges: Gate.io, KuCoin, LBank Alternate, HTX International, Flipster, and MEXC. Detailed deadlines will be supplied in every platform’s bulletins. Choice standards and reward distribution are decided by particular person exchanges and should differ, World Liberty famous.
The WLFI factors program will develop alongside new USD1 initiatives. Extra platforms and methods to earn factors, new buying and selling pairs and methods to use USD1, and upcoming integrations will be added. DeFi and higher alternatives for rewards to be used and implementation,” World Liberty wrote.
Over the previous 24 hours, the WLFI token value has fallen by 5,25% to $0,14 with a market cap of $3,8 billion.
