World Liberty Financial switched on WLFI staking on Oct. 1. The project is seeding the program with an initial rewards pool of $1.25 million in USD1, its own stablecoin, to be paid out over 180 days. The company announced the launch with a short message: “You voted. It’s live.” That framing is deliberate. The program came out of a governance vote, and it rewards more governance voting. How the WLFI staking program works The first rewards deposit was scheduled for Oct. 2, between 8 and 9 a.m. ET. From there, the USD1 pool is set to be distributed across a 180-day window. To qualify, holders must open a staking position using unlocked WLFI tokens and commit it for at least 180 days. Stakers must cast direct governance votes at least once every 90 days to stay eligible for rewards. The minimum stake is 0.01 WLFI, and each wallet can hold only one staking position. There is no fixed annual percentage rate. Rewards are variable and depend on factors including the size of the pool, the total amount of WLFI staked, and whether a staker meets the voting requirements. The program runs on Ethereum and applies only to unlocked tokens. Locked tokens held by early supporters keep their voting r...
World Liberty Financial launches WLFI staking with $1.25 million USD1 rewards pool
1 week ago
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