World Liberty Financial (WLFI) — the crypto project linked to former U.S. President Donald Trump — has launched a snapshot vote on a proposed USD1 stablecoin airdrop to its current token holders.
The vote, which opened this week, seeks approval to distribute a small amount of USD1 to all wallets holding WLFI tokens. The airdrop would serve as a test run of the smart contract system powering the distribution mechanism on the Ethereum mainnet.
Airdrop Test Aims to Verify Smart Contract Performance
In a statement posted to the community, World Liberty emphasized the technical purpose of the airdrop:
“Testing the airdrop mechanism in a live setting is a necessary step to ensure smart contract functionality and readiness.”
The team also framed the test as a gesture of appreciation toward early supporters — while simultaneously introducing them to USD1, the project’s proprietary stablecoin.
Strong Community Backing So Far
Within the first eight hours of voting, the proposal gained overwhelming support. More than 2.6 billion votes (99.97%) were cast in favor, with just over 901,000 votes in opposition. The snapshot vote remains open until May 14.
Despite the support, World Liberty Financial made clear that the proposal remains non-binding:
“Even if approved, World Liberty Financial, Inc. reserves the right to discontinue, suspend, modify, or terminate the test airdrop at any time.”
They also noted the possibility of imposing additional eligibility criteria before the airdrop is finalized.
At this stage, the exact timing of the airdrop and the amount of USD1 per wallet remain undecided. Further updates are expected after the vote concludes.
The test airdrop marks another step in WLFI’s broader effort to grow user engagement and demonstrate the capabilities of its smart contract infrastructure — all while navigating the political and regulatory spotlight tied to its high-profile backer.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/trump-backed-crypto-project-opens-vote-on-usd1-stablecoin-airdrop/