World Liberty Financial (WLFI), a decentralized finance (DeFi) project supported by the Trump family, has commenced a vote to authorize the distribution of its USD1 stablecoin through an airdrop to eligible WLFI token holders. At the same time, WLFI has broadened its collaboration with Lista DAO to offer a stable yield for the USD1 stablecoin.
WLFI's efforts to promote the adoption of USD1 through the airdrop and stable yield have advanced since the initial proposal in early April. The plan involves conducting a snapshot vote and a trial airdrop.
The team has recommended testing the on-chain airdrop feature by distributing a small amount of USD1 to current WLFI token holders. This test aims to validate the technical functionality of the airdrop system in a live setting and express gratitude to early project supporters.
The governance vote is scheduled from May 7 to May 14, with a vast majority of 99.97% currently in favor of proceeding with the USD1 airdrop test. This outcome indicates a probable launch of the airdrop within the coming month.
USD1, a stablecoin launched in March 2025, is backed by short-term US government bonds, USD deposits, and similar cash-equivalent assets. Positioned as a significant player in the growing global stablecoin market exceeding $242 billion, USD1 is gaining traction, largely due to the support from the Trump family.
Following the vote, WLFI announced the integration of USD1 into the Lista DAO ecosystem on BNB Chain, making the USD1/ListaDAO liquidity pool operational. This integration enables users to participate in DeFi activities like lending, borrowing, and earning a stable yield.
Stable yield is gaining popularity in the crypto market as investors seek consistent returns from stablecoins while avoiding the price fluctuations associated with regular tokens.
Although enjoying significant progress, WLFI faces criticism and regulatory challenges concerning its financial connections with foreign investors, raising apprehensions about conflicts of interest and national security implications, thereby coming under scrutiny from legislators.