World Liberty Financial has put forward a new WLFI token expenditure proposal, planning to use up to 5% of the unlocked token inventory to boost partnerships for its USD-denominated stablecoin USD1. The proposal has sparked divisions within the WLFI community, as some token holders worry the expenditure could suppress the price and harm the interests of holders of roughly 80% of the still-locked WLFI tokens. Supporters argue the incentives could drive long-term ecological value. The approved token sale by World Liberty has raised around $550 million for the project, but WLFI’s price has fallen about 60% from its peak.
Uniswap’s UNIfication proposal has been submitted for the final governance vote, opening at 10:30 PM EST on December 19 and closing on December 25. If approved, a two-day timelock would trigger a one-time burn of 100 million UNI, activate the protocol fee switches for Uniswap v2 and v3 on mainnet with fees directed to the burn, and bring Unichain fees into the same burn framework.
United Stables announced the official launch of its USD stablecoin U, now deployed on both BNB Smart Chain and Ethereum. The asset is backed by a 1:1 full reserve (USD plus top-tier stablecoins), featuring on-chain Proof of Reserves (PoR) and monthly audits. It is described as a transparent, secure, and programmable stablecoin infrastructure developed by United Stables for the global market. U has been integrated with and supported by DeFi protocols including PancakeSwap, Aster, Four.meme, and ListaDAO.
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