According to the official announcement, Worldcoin stated that as of the end of November, the number of World ID verifiers had exceeded 2.5 million, including over 360,000 in Argentina and over 500,000 in Iberia. Worldcoin operator rewards have now transitioned from USDC to WLD.
Worldcoin will terminate the agreement with 5 market makers on December 15. They had previously received a total of 100 million WLD as payment. According to the terms of the current agreement, the market makers will be required to return 75 million WLD. As a result, the WLD circulating supply could be reduced by up to 75 million on December 15, depending on the number of tokens that market makers choose not to purchase and return directly to World Assets Ltd.
World Assets Ltd. is finalizing new loan agreements with the five market makers mentioned above, which will take effect on December 16. Under these agreements, these five market makers will receive much smaller loans than before, currently totaling 10 million WLD with a term of 6 months. Therefore, the circulating supply of WLD will increase by 10 million on December 16. The market maker must repay the loan in full after 6 months and may not choose to purchase any WLD from World Asset Ltd. Overall, the net impact on WLD’s circulating supply depends on how many tokens market makers choose to purchase on December 15th.