World Liberty Financial (WLFI) said the reward distribution marks the start of its USD1 Points program. Within two months of launch, users trading the USD1 token on partner exchanges helped push total volumes to $500 million.
Under the program, participants earned points for trading USD1 pairs and maintaining balances on supported platforms. Early users will now receive rewards totaling 8.4 million WLFI tokens.
The first distribution wave will take place on Gate, KuCoin, LBank Exchange, HTX Global, Flipster, and MEXC. Exact dates and distribution methods will vary depending on each exchange’s internal rules. WLFI noted that partner exchanges will handle token allocation directly to their customers.
The company plans to expand the program by adding more trading pairs, DeFi integrations, and new ways to earn points.
Political Context
The WLFI announcement coincides with rising political scrutiny in the U.S. On October 27, California Congressman Ro Khanna introduced a bill that would prohibit the president, members of Congress, and their families from trading cryptocurrencies or stocks.
Khanna linked the proposal to the recent pardon of Binance founder Changpeng Zhao and his alleged ties to WLFI. According to the congressman, Zhao received the pardon after providing financial support to a project associated with Donald Trump.
“The pardon of Zhao is corruption,” Khanna wrote.
Read also:
- Senator Warren Accuses Trump of Taking a Bribe for Pardoning Changpeng Zhao
- Trump Family Earns $5 Billion From WLFI Token Launch – WSJ
- Trump Family Earned Another $1.3 Billion From Two Crypto Projects
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