đïž $WLFI COMMUNITY PROPOSES USING TREASURY FUND TO BOOST USD1
đ° The proposal recommends that World Liberty Financial begin using a portion (approximately 5%) of the unlocked $WLFI tokens from its treasury
Objective: To use this capital for incentive programs to accelerate the adoption and use of the USD1 stablecoin
Incentive programs may include rewards for liquidity providers (LPs) on DEXs or users borrowing/lending USD1 on platforms like $AAVE
The project also recently approved a proposal to use funds to repurchase $10 million worth of WLFI tokens with USD1 within 3 weeks
This move demonstrates World Liberty Financial's determination to make USD1 a formidable competitor in the stablecoin market by leveraging its community resources and reserves đâš
đ° The proposal recommends that World Liberty Financial begin using a portion (approximately 5%) of the unlocked $WLFI tokens from its treasury
Objective: To use this capital for incentive programs to accelerate the adoption and use of the USD1 stablecoin
Incentive programs may include rewards for liquidity providers (LPs) on DEXs or users borrowing/lending USD1 on platforms like $AAVE
The project also recently approved a proposal to use funds to repurchase $10 million worth of WLFI tokens with USD1 within 3 weeks
This move demonstrates World Liberty Financial's determination to make USD1 a formidable competitor in the stablecoin market by leveraging its community resources and reserves đâš