The WLFI organization, backed by the Trump family, has introduced a new rewards program for holders of the USD1 stablecoin, to be implemented through partner crypto exchanges.
What is the USD1 Points Program?
The USD1 Points Program is designed to reward users similar to airline miles and hotel loyalty systems. While stablecoins like USD1 play a significant role in crypto trading, their holders typically do not receive direct incentives. The new program aims to change this approach by rewarding token holders.
How Can Users Earn Points?
Users will be able to earn points by trading USD1 pairs on selected partner exchanges or by holding USD1 in their wallets. In the near future, users can also earn points by staking USD1 for yield or utilizing it on approved DeFi services. Specific details regarding point earnings will be provided by each platform.
Future Steps for WLFI
WLFI will soon share detailed information about the program launch and point specifications. This marks the beginning of a new rewards system in the crypto industry, placing users at the forefront. Additionally, a recent community vote approved the possibility of publicly trading the $WLFI token, with 99.94% of votes cast in favor.
The USD1 Points Program from WLFI opens new opportunities for token holders, providing rewards and enhancing engagement with the USD1 ecosystem.