WLFI to Offer More Incentives for Token Holders Who Use USD1
WLFI proposed a new governance staking system and incentives to boost USD1 adoption among token holders.Summary
World Liberty Financial (WLFI), backed by the Trump family, has proposed new measures to enhance governance participation and incentivize the use of its stablecoin, USD1. The proposal suggests that governance votes will require token holders to stake their tokens for a minimum of 180 days to ensure long-term alignment, with stakers earning a 2% APR if they participate in at least two votes during the lock-up period. Furthermore, WLFI aims to increase USD1 adoption by offering token stakers "additional benefits for USD1 usage," including unspecified incentives for USD1 deposits on WLFI Markets, with Dolomite attracting these deposits. Holders meeting certain thresholds, such as "Nodes" (10 million WLFI) and "Super Nodes" (over 50 million WLFI), will gain access to providers offering 1:1 conversion of USDC and USDt into USD1, along with fiat off-ramps. The rollout is planned in three phases, starting with staking rewards and USD1 deposit incentives, followed by the conversion feature, and concluding with partnership access and revenue sharing for Super Nodes.
(Source：Cointelegraph)