#山寨币季节即将来临？ USD1 ecosystem has been quite active recently. The governance proposal was just passed with nearly 78% support, and the treasury will directly allocate funds to incentivize stablecoin adoption — this approach is still noteworthy in the DeFi circle. Subsequently, a major exchange added USD1-related trading pairs with AVAX, BCH, and UNI, providing solid liquidity support. Early participants can also directly extract profits from the 40% share unlocked from strategic reserves.

However, behind the excitement, there are shadows. The project's co-founder was exposed for insider trading through on-chain wallet traces on a prediction platform, earning $400,000 from predicting a political event. Such incidents can easily touch investors' trust nerves and may temporarily put pressure on the project's reputation.

But from the perspective of governance execution efficiency and exchange ecosystem development, WLFI's growth momentum remains strong. Veteran crypto enthusiasts understand — the project's fundamentals, team integrity, and market cycles are three variables that need to be considered to avoid pitfalls. This wave may test investors' discernment skills.