USD1 is a USD-backed stablecoin issued by World Liberty Financial. Fully collateralized by short-term U.S. Treasury securities and cash equivalents, it is designed to maintain a stable 1:1 peg with the US Dollar. As a regulated reserve-backed asset, USD1 offers the price stability of traditional cash within a digital, on-chain format.
WLFI is the governance token of World Liberty Financial — a DeFi protocol built to broaden access to decentralized financial services. Token holders can participate in protocol governance decisions and contribute to the direction of the ecosystem. In this campaign, WLFI is distributed daily as rewards to USD1 holders on Bybit.