Stop overpaying - start transferring money with Ogvio. Sign up, invite friends & grab Rewards now! 🎁
Early USD1 Users Set to Claim Share of $1.2 Million WLFI Airdrop
Key Takeaways
- World Liberty Financial will distribute 8.4 million WLFI tokens, worth $1.2 million, to early users of its USD1 Points Program;
- Eligible users earned points by trading and holding USD1, a stablecoin backed by the US dollar;
- The airdrop will occur across six exchanges, each with its own rules for token rewards.
World Liberty Financial, a crypto company connected to Donald Trump, is planning to give away WLFI tokens worth about $1.2 million.
According to the company's post on X, this giveaway is aimed at people who took part early in a points program tied to its USD1 stablecoin.
The token distribution will include 8.4 million WLFI tokens. These are being given to users who joined the USD1 Points Program, which started two months ago.
Did you know?
Subscribe - We publish new crypto explainer videos every week!
What is a Cryptocurrency: For Beginners (Animated Explainer)
The program was created to help grow the use of USD1, a stablecoin backed by the US dollar.
Participants in the program earned points by trading USD1 on certain exchanges and by holding it in their accounts. These points will be used to decide how many tokens each user receives in the token giveaway.
The first round of tokens will be distributed across six crypto platforms: Gate
World Liberty stated that users should check with each platform for exact details, as the laws and eligibility may differ.
World Liberty also mentioned that the points program is still growing. In the future, it will include more platforms, features for using decentralized finance (DeFi), and new ways for users to earn and use rewards.
Recently, BNB Chain introduced a $45 million token giveaway program, known as "reload airdrop". What is it? Read the full story.