The stablecoin USD1, launched by World Liberty Financial (WLFI), will provide security for a third-party application for the first time with the agreement made with #kernel DAO.
World Liberty Financial (#WLFI ), a cryptocurrency project supported by the Trump family, has made a critical development for its stablecoin USD1. According to the statement made by WLFI, USD1 will now be included in the Kernel DAO ecosystem as a restakeable (re-stakeable) asset. Thanks to this integration, USD1 will support the economic security of a third-party application for the first time in its history.
The USD1 stablecoin stands out as a crypto asset whose value is constantly held at $ 1 and backed by US Treasury bonds. The integration with $KERNEL DAO gives USD1 not only a stable value feature, but also the function of providing an additional layer of security in the decentralized finance (DeFi) ecosystem.
The news of USD1's integration with Kernel DAO positively affected the price of KERNEL, the native token of Kernel DAO. Following the news, investor interest increased, and a 12% increase was recorded in the price of KERNEL in a short time.
With this collaboration, Kernel DAO users will be able to re-stake their USD1s, both to earn additional income and to strengthen the economic security of the application. This will expand the area of use of USD1 and provide a significant security advantage for Kernel DAO.