What's @worldlibertyfi up to these days?
They've been quite busy.
In the past 24 hours, some interesting on-chain activities took place. They deposited the following tokens to @FalconStable, minting over 2.05M $USDf and staked them for $sUSDf:
- 103,911 $AVAX (~$2.07M)
- 5.98M $SEI (~$1.18M)
- 7.58M $MOVE (~$1.2M)
These are intriguing moves, especially considering that the WLFI proposal to test its on-chain airdrop feature by distributing $USD1 to all eligible $WLFI token holders is passed with almost unanimous vote (2.1B WLFI or nearly 99.97%).
USD1 also planned to be used as settlement asset in MGX's $2B investment in @binance as per @EricTrump, making it the largest crypto investment to date.
USD1 is backed by US dollar reserves and short-term Treasury, and aims to compete with $USDT and $USDC.
h/t Thanks to @nansen_ai for the fantastic dashboard!