[00:02] $40 million airdrop on Binance. But what if most people get [music] next to nothing from this airdrop? By the end of this video, you will know if [music] this WLFI airdrop is actually worth your time or just a giant destruction because
[00:19] if you're coming in with a $1,000, you might get disappointed. So, let me break it down. I'll cover three things. One is how the air drop will work, why this airdrop is really happening and where the actual [music] opportunity
[00:34] might be. A lot of videos I've watched did not cover this. So how would this airdrop work? To end this airrop, you need to hold a minimum of 0.01 USD1 on Bance. [music] It can be in your sport wallets, your funding, your margin
[00:51] or your futures wallet. The campaign runs from 23rd of January to 20th of February, which is a day you can tell me happy birthday. During this period,
[01:03] Binance takes hourly snapshots and uses your lowest balance per day. And every Friday, they will [music] distribute your share of the $10 million worth of WLFI token starting February [music] 2nd. That is it. Your reward depends on
[01:20] how much USD1 you're holding [music] compared to everyone else that week. So compared to everyone else that week. So far, I've mentioned two tokens, USD1 and far, I've mentioned two tokens, USD1 and W LFI. So, what are these? They are the
[01:34] tokens of World Liberty Financial. World Liberty Financial is a D5 protocol launched by the Trump family to bridge traditional banking to blockchain. [music] USD1. It is stable coin pegged one to
[01:48] USD1. It is stable coin pegged one to one to the US dollar meaning one USD1 $1. It is designed to be fully backed by the dollar reserve and liquid assets [music] like short-term treasury bill. On the other hand, WLFI is the native
[02:05] token of world labor financial. It is positioned mainly as a governance and positioned mainly as a governance and ecosystem token. I'll come back to WLFI because [music] that is where the real risk is. Let me let you in first on why
[02:20] the airrop is really happening. Generally, airdrop usually happen for [music] three reasons. Marketing rewarding early users or the both of them. The famous unis swap airdrop [music] in 2020 was a surprise thank you
[02:36] that gave early users 400 uni worth around 1,200 at launch and $17,000 at it peak. They gave this [music] without any pure hype or marketing. But today most
[02:49] edup are just noisy marketing stunts where you have to farm points finish a tax just to get a [music] piece of the pie. For what? Liberty Finance case. This is a big marketing. Since this campaign started, USD1 has grown very
[03:05] campaign started, USD1 has grown very fast. It has now overtaken PayPal USD by fast. It has now overtaken PayPal USD by over $1 billion in market cap. This is not small. Binance, on the other hand, is the biggest crypto exchange [music]
[03:20] in the world with over $300 million users. One Liberty Financial hosting this campaign on Binance gives maximum exposure to USD1 and WLFI
[03:32] at a fraction of what traditional advertising is going to cost. So even if you don't participate, you hearing about this token right now from me [music] this token right now from me [music] is free promotion and marketing for WLFI
[03:47] and USD1. And this is the Binance effect. [music] Now let me make this make sense to you as this is actually smart by word liberty financial they have two token like I said earlier USD1 and WLFI
[04:03] and WLFI USD1 is the most important one of these two [music] coins longterm because for a stable coin market cap is basically supply [music] since the price is pegged at $1. So when coin market cap
[04:20] is pegged at $1. So when coin market cap shows that USD1 is around $4.9 billion shows that USD1 is around $4.9 billion in market cap that means that about 4.9 in market cap that means that about 4.9 billion USD1 is in circulation and since
[04:34] USD1 is designed to be backed one to1 to the US dollars. Theoretically, it means the US dollars. Theoretically, it means there should be $4.9 [music] billion worth of reserve backing it, whether in cash or short-term treasury assets. Now,
[04:50] think about it. Think about the interest earning on this amount. That is a real business. So, World Liberty Financial will do everything possible to increase
[05:02] the adoption of USD1 [music] because as USD1 adoption grows on chain, the more valuable and [music] the more earning the entire ecosystem becomes
[05:14] offchain. Now, the WLFI coin on the other hand is mainly a growth and promotion token. Only about 27% is circulation and a large portion of
[05:26] incentives [music] and campaign like this airdrop. So WLFI is essentially the foil they are using to grow the awareness. What matters to [music] me and you right now is how much
[05:41] we can earn from this airrop. First I want to be very clear. Nobody actually knows the exact amount. Binance does not publish how much USD1 qualifies each week. However, according to Akan data, as of
[05:57] However, according to Akan data, as of today, out of the 4.9 billion USD1 in today, out of the 4.9 billion USD1 in circulation, about 2.4 billion are in circulation, about 2.4 billion are in Binance out of which 1 billion was added
[06:09] the day the airrop was announced. Let me use an example to explain this math. the actual results when the air drops uh may be lower or higher. Let's assume just for illustration that the 1 billion USD1 ends up qualifying for the airdrop
[06:25] in a given week. Binance is sharing $10 million worth of WLFI that week. Your share is basically your USD1 divided by the total qualifying USD1. So
[06:37] divided by the total qualifying USD1. So if you hold say 1,000 USD1, that is 0.0000 0001% [music] of 1 billion, which is roughly $10 worth for that week. If you're holding $10,000, that is roughly $100. A
[06:54] $100,000, that is roughly $1,000 in airrop. So, if you're holding $100, that is just $1. Again, this is my assumption. It can be much higher, it can be much lower. If for example, the
[07:08] qualify amount is 5 billion, [music] your reward drops. If the qualify amount your reward drops. If the qualify amount is 500 million, your reward increases. The bigger the crowd, the smaller the slice. So the question is, will you
[07:21] participate? If you already have either USDT or USDC [music] system on Binance, converting it to USD1 is a lowrisk way to get exposure to WFI for free. But if you are moving money around expecting a life-changing result, you're going to be
[07:36] life-changing result, you're going to be disappointed. However, the free WLFI you receive might be worth a lot of money in the future if more utility is added to the token maybe a burning mechanism or a buyback mechanism [music] like we see
[07:51] buyback mechanism [music] like we see with BNB but if it remains as is that is if it doesn't generate yield it has no confirmed burn or buyback and depends heavily on narrative and adoption then people will [music] likely sell off
[08:06] after the airrop dropping the price of the token even further. But it's also a political narrative around [music] World Liberty Financial. Like I said, it World Liberty Financial. Like I said, it is a project by the Trump family. This
[08:20] can attract attention, but politics like you know it is [music] seasonal. If WLFI succeed long-term, it need to succeed because it has real utility, not because of who is associated with it politically. Personally, I'm
[08:34] participating. And I want to observe how dilated the role becomes, how WLFI [music] behaves after the distribution and whether interest survives once incentive [music] stops. The whole of this conversation reminds me of
[08:50] something. You see in crypto opportunities are not scars. Execution is. For example, in futures trading like I do, people lose because they chase [music] hype, overtrade, enter trades late and execute badly. That is actually
[09:08] why I'm building copy me crypto. It is not for people who want to chase everything. But for those who want a structured risk control [music] system, the way it works is simple. You connect to your trading account, choose how much
[09:21] you want to raise per trade, and let me and my vetted pro traders do the trading execution. If this sounds like an app you've been waiting for, the Copy Me Crypto wait list [music] is open. The link is in the description of this