Over 40% WLFI’s USD1 airdrop approval vote concentrated to 5 wallet addresses

By: cryptosheadlines|2025/05/16 18:00:13
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com The Trump family’s World Liberty Financial (WLFI) has approved a community proposal to airdrop its USD1 stablecoin to eligible token holders, according to a May 15 statement.The governance vote, which ran from May 6 to May 13, received near-unanimous support, with 99.96% of participants backing the initiative. In total, around 7 billion tokens were committed to the proposal.Following the approval, WLFI’s team announced it is preparing the rollout and will soon share the final airdrop details.While the vote clears a significant hurdle, the project reserves the right to proceed with or cancel the airdrop based on operational readiness.Whales dominate WLFI’s governance votingNotably, governance data reveals that voting power for the proposal was highly concentrated among whales.According to the data, just five addresses accounted for over 40% of the total votes. One address alone controlled 1 billion WLFI tokens, representing 14.75% of the voting weight. Another held 666.7 million tokens, contributing 9.8%, while two others had 500 million each, representing 7.37% apiece.World Liberty Financial Top 5 DAO Voters (Source: WLFI DAO)This high concentration level raises concerns about the decentralization and decision-making process in the project’s decentralized autonomous organizations (DAOs).WLFI and USD1 scrutiny continuesThe airdrop announcement comes at a sensitive time for WLFI and USD1, which have been criticized for their political connections and investor profile.US lawmakers have consistently questioned the project’s ties to US President Donald Trump and flagged potential ethical concerns related to the project.A recent letter to Treasury Secretary Scott Bessent, signed by several Democratic lawmakers, flagged WLFI’s decision to reserve 90% of its token sale for foreign investors.The lawmakers pointed out that the venture had received a $75 million investment from controversial crypto entrepreneur Justin Sun, who had been under the SEC investigation until recently. They noted that:“The SEC [has] asked the court to pause its enforcement action against Mr. Sun, raising troubling questions about whether the Trump Administration’s apparent abandonment of its gravely serious charges against Mr. Sun constituted an illegal quid pro quo in exchange for his largesse directed at this Trump family venture.”Considering this, the letter warned that the move could expose the US financial system to risks, especially given allegations that some investors might have ties to criminal activity or ongoing investigations.However, in response to the accusations, Zach Witkoff, one of the project’s co-founders, argues that the world needs solutions like WLFI and USD1. He wrote:“America — and the rest of the world — needs solutions like USD1. We will not be intimidated by politicians with an axe to grind.”Mentioned in this articleLatest Alpha Market ReportSource link

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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