$WLFI WLFI is making a big move! Unlocking vault funds to boost USD1, is the stablecoin ecosystem about to take off?
WLFI has another significant action, directly putting the vault funds on the table to fuel the development of the stablecoin USD1!
Recently, WLFI released a governance proposal and initiated community voting, with the core idea being to utilize some of the unlocked vault funds to promote the adoption and growth of USD1 through incentive measures. In the past three weeks, the WLFI ecosystem has already delivered impressive results: it repurchased about 10 million USD worth of WLFI tokens using USD1, and successfully secured multiple spot trading pair supports on Binance. The usage scale of USD1 in both CeFi and DeFi scenarios has also surged, and even the unlocking schedule for WLFI tokens is nearing finalization.
This incentive move using vault funds shows that WLFI has a clear strategy—taking advantage of the current growth momentum to further expand the integration scope, usage scenarios, and number of partners for USD1, thereby increasing the economic activity of the entire ecosystem. It’s important to note that the development of USD1 is directly linked to the expansion of the WLFI ecosystem. If this operation is implemented, it will not only provide more confidence in the landing of the USD1 ecosystem but also allow community members to share in the dividends.
Whether this proposal can pass will also become a key step for WLFI in building a commercial closed loop and retaining users.
