USD1 reserve fees could soon play a role in $WLFI governance. @worldlibertyfi has announced a buyback program, with the initial funding potentially coming from USD1 reserve fees and other sources. the goal is to get more people involved in governance and give long-term holders a bigger say. if USD1 keeps growing, some of the revenue it generates could go toward strengthening the voting power of committed $WLFI holders. no buyback amount or schedule has been shared yet. and if this works at scale, USD1's growth could translate into more voting power for long-term $WLFI holders
INIODU 💛Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.