The Worldcoin Foundation recently made a statement about Orb device operator pay. WLD tokens will replace USDC as the operators’ payment method soon. It is anticipated that 134 million WLD tokens are in circulation, as they exceed 1% of the 10 billion token supply.

Over 800,000 Users Claim 34 Million Worldcoin (WLD) in Free Grants

Most notably, 100 million tokens were loaned to market makers, and 34 million were granted to users and Orb operators. Market maker loans mature on October 24, 2023, reducing circulating supply by up to 25 million WLD.

After the WLD token launched on July 24, 2023, over 800,000 Orb-verified users, both new and current, have received 34 million WLD through free user grants. From 100 million to 134 million units, WLD supply has steadily increased. This amount equals 1.34% of the 10 billion WLD token supply.

WLD tokens were used to reward Worldcoin Operators after a pilot project on October 10, 2023. Operators received WLD incentives in this experimental effort. This adjusted compensation strategy is part of a transitional period that will end in November 2023. It will ensure that all Operators get WLD incentives.

Market Makers Get WLD Loans for Liquidity and Price Stability

World Assets Ltd., a Worldcoin Foundation company, loaned five foreign market makers for the WLD token launch. These agreements aimed to offer enough liquidity for WLD trading on controlled exchanges outside the US. This would simplify market price determination and stabilize prices. These enterprises received a 100 million WLD loan, and the original agreements will end on October 24, 2023. World Assets Ltd. has extended these agreements to December 15, 2023, but with a 75 million WLD loan. Market makers can return 25 million WLD or buy tokens of comparable value at a formula-determined price.

It is important to note that WLD tokens are not available to US residents or other restricted areas. World ID and TFH’s World App are still available to Americans. Moreover, Kenya suspended Worldcoin operations in the country citing security concerns. The Worldcoin Foundation’s capacity to adapt and maintain a strong community is a major step forward in cryptocurrencies. Earlier, Worldcoin verified 9500 Argentinians in a single day.