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WLFI Teams with Legion for Groundbreaking $1-Backed Public Token Sale

WLFI Teams with Legion for Groundbreaking $1-Backed Public Token Sale

Published:
2025-12-15 18:13:47
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WLFI taps Legion for first USD1-backed public token sale

Forget the hype—this isn't another speculative meme coin. WLFI just tapped Legion to launch the first public token sale pegged directly to a single US dollar. No complex algorithms, no volatile collateral baskets. Just one token for one buck.

The Straight Shot

Legion's platform handles the entire public sale, cutting out the traditional fundraising middlemen. It bypasses venture capital gatekeeping and puts the offering directly in the hands of the crowd. The mechanism is stark in its simplicity: buy-in equals a stable, dollar-denominated entry point from day one.

Why a Dollar Peg Matters Now

In a market obsessed with moonshots, anchoring to the world's reserve currency is a defiant move. It screams utility over speculation, positioning the token as a potential medium of exchange rather than a pure bet on appreciation. It's a hedge against the very volatility the crypto space celebrates—almost like they've learned something from the last few boom-bust cycles.

The new model throws a wrench in the classic playbook where early investors get steep discounts and retail bags the risk. Here, everyone gets the same price: one dollar. It democratizes access while subtly giving the side-eye to the tiered, favor-driven structures of private rounds. A cynical take? It's a brilliant marketing move that makes traditional finance's fee-extraction look even more gratuitous.

This sale isn't just about raising capital. It's a live test of a thesis: that real-world stability can be crypto's most radical feature.

Football.Fun excludes UK users

The sale price is set at $1 per token to speed up the process of getting more users on board, make the blockchain more liquid, and help with price discovery when the service becomes live. Retailers can take part in the on-chain sale. The sale will close on Thursday, December 18, 2025. 

The first Legion sale in USD1 is coming soon!@footballdotfun Legion sale will use USD1 as the exclusive transaction asset.

For informational purposes only. Not investment advice. Digital assets involve significant risk. Accounts are not FDIC insured. Do your own research. WLFI… https://t.co/joEuQVZDIC

— WLFI (@worldlibertyfi) December 15, 2025

WLFI’s engagement is portrayed as making it easy and clear for people to take part. However, people in the UK can’t buy the token because of legal restrictions.

The sale will use USD1 stablecoin to enable transactions on the Legion platform, in partnership with Kraken. The sale structure includes a fully diluted valuation (FDV) of $60 million, with a soft cap raise target of $3 million. It will have a vesting schedule of 50% at the token generation event (TGE) and 50% linear vesting over six months.

Allocations on Legion will be based on achievement, meaning that rewards will be given to players who have been around for a long time, active contributors, and early supporters of the Sport.Fun ecosystem. Kraken will offer access to eligible, verified users. 

Football.Fun reached $100 million in Total Value Locked (TVL) within two weeks of launch on the Base blockchain, the fastest growth of any game on the network. 50% of platform revenue funds token burns. For instance, a $25 million $FUN token burn in June 2025 (0.23% of the total supply) was executed to reduce the circulating supply and drive scarcity.

However, the coin has not performed as expected, with a 63% decline in the last year. It has also tanked approximately 10% in the month and 9% in the last week. The coin is down 4.4% in the last 24 hours, now holding a market cap of a little over 20 million.

XRP/USD1 added as Binance grows its USD1 markets

This MOVE follows Binance’s elevation of the stablecoin’s status by allowing users to trade tokens like BNB, ETH, and SOL using trading pairs. The exchange said that it was bringing USD1 into several of its most active spot markets. Binance also stated that it will convert all collateral assets backing Binance-Peg BUSD (B-Token) into USD at a 1:1 ratio.

Already, (WLFI) co-founder and CEO Zach Witkoff has confirmed that the XRP/USD1 trading pair is set to launch on Binance. According to Binance’s official announcement, trading for XRP/USD1, DOGE/USD1, and SUI/USD1 will go live tomorrow, December 16.

Additionally, Binance confirmed that Spot ALGO Orders will be enabled for XRP/USD1, DOGE/USD1, and SUI/USD1 at launch. Spot Grid and Spot DCA services will also be available for BNB/USD1, SOL/USD1, and ETH/USD1.

Binance has introduced fee deals for new USD1 pairs to help early trading. For a limited time, users at VIP levels 2 through 9 and Spot Liquidity Providers will be able to trade XRP/USD1, DOGE/USD1, and SUI/USD1 with no Maker or taker fees.

According to DeFiLlama data, there are nearly $2.8 billion worth of USD1 circulating. A large majority of the supply originates from the Abu Dhabi investment firm MGX, which chose to use USD1,000 earlier this year to make a $2 billion investment in Binance.

World Liberty’s USD1 stablecoin is said to be backed entirely by short-term US government treasury, US dollar deposits, and other cash equivalents.

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