WLFI Signals Aggressive USD1 Expansion Plan Using Treasury Funds
To increase the use of its USD1 stablecoin, the World Liberty Financial team has suggested allocating 5% of the project’s treasury. The fund would go toward ecosystem incentives and strategic alliances. According to a proposal made at the World Liberty Financial governance forum, this move aims to increase the USD1 supply. According to the team, this action would directly increase demand for integrations and services governed by WLFI. Additionally, it would back ecosystem-wide initiatives and liquidity incentives.
The success of USD1 directly strengthens WLFI because USD1 adoption expands the overall footprint, utility, and economic activity of the entire WLFI ecosystem,
the team
USD1 Gains Momentum as WLFI Eyes Broader Market Adoption
The market value of USD1 is approximately $2.74 billion. It is now the seventh-largest dollar-pegged stablecoin in the United States, competing with well-known leaders like USDT and USDC. To increase the use of USD1 in retail and institutional markets, the WLFI team has launched several initiatives. In this regard, the extra supply would be used to promote prominent CeFi and DeFi collaborations. In the rapidly evolving stablecoin market, these collaborations aim to accelerate adoption and support USD1’s continued competitiveness.
Increased USD1 adoption creates more opportunities for value capture across the WLFI ecosystem, which accrues to the benefit of WLFI-governed initiatives and long-term token utility,
the team
WLFI Proposal Could Boost Governance Power for Token Holders
It is anticipated that WLFI holders will immediately profit as the network expands and gains value. They would have more control over the platform’s direction and governance capabilities as a result of this expansion. In the event that governance participants approve the proposal, World Liberty intends to use five percent of its treasury funds. The treasury received 19.96 billion of the whole WLFI supply, according to WLFI’s tokenomics. At current pricing, this would come to about $120 million.
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