WLFI launches USD1 incentive proposal, has repurchased $10 million worth of tokens

【ChainWen】Recently, there has been an interesting development in the project—WLFI community has proposed a new plan to use unlocked treasury funds to incentivize the application of USD1. The voting has already started, and the community’s response will need ongoing attention.

Speaking of recent actions, WLFI has been quite active. In just three weeks, they repurchased $10 million worth of WLFI tokens using USD1, a move typically aimed at supporting the price and boosting market confidence. Simultaneously, major spot trading pairs on Binance have been launched, which should significantly improve liquidity and trading depth.

Another highlight is the expansion of the USD1 ecosystem—advancing application scenarios in the CeFi space while also making strategic moves in DeFi. The preliminary preparations have been quite thorough. Plus, with the final version of the WLFI token unlock schedule finalized, the overall growth plan for the project is now clearer.

If this proposal passes, it should further promote the project’s next phase of development. For token holders, it’s important to closely monitor the community voting results and the subsequent implementation pace.