Acum 23 h
World Liberty Financial Proposes $120M WLFI Treasury Use to Scale USD1 Stablecoin Adoption
World Liberty Financial has put forward a governance proposal to allocate 5% of its WLFI token treasury, valued at about $120 million, to drive adoption of its USD1 U.S. dollar-pegged stablecoin. The plan would channel additional USD1 supply into integrations and incentives across centralized and decentralized platforms, while WLFI holders are currently voting on whether to approve the deployment.
WLFI
WLFI-0.70%
Acum 23 h
acum 1 zile
World Liberty Financial weighs $120M treasury unlock to expand USD1 stablecoin supply
World Liberty Financial, a firm linked to the Trump family, has proposed deploying 5% of its WLFI token treasury, worth about $120 million at current prices, to expand the supply and adoption of its USD1 stablecoin. The live governance vote offers for, against or abstain options, while early community feedback appears slightly tilted against the plan despite USD1 already holding a $2.74 billion market cap.
WLFI
WLFI-0.70%
acum 1 zile
acum 1 zile
Hyperliquid HYPE eyes 1 billion token burn as price slides toward key $20 support
Hyperliquid's HYPE token traded below $30 while still posting an intraday gain of over 3% after a proposal to burn 1 billion tokens from its Assistance Fund. The planned burn, which validators will vote on between 21 and 24 December, could tighten supply even as upcoming December unlocks of 10 million tokens threaten additional sell pressure. With price already down about 56% from recent levels and approaching the $20 support area, traders are watching whether changing supply dynamics can stabilize the market.
HYPE
HYPE-4.61%
acum 1 zile