Svmuu News WLFI officially responded to market concerns regarding its lending positions on WLFI Markets, stating that there is currently no liquidation risk, and even in the event of significant market volatility, it can be managed by adding collateral. It stated that as one of the platform's primary borrowers, the related lending activities are providing a source of revenue for the platform, thereby enhancing the yield level of the stablecoin.
In terms of data, WLFI disclosed that USD1 currently generates approximately $159.5 million in annualized revenue. Over the past 6 months, it has repurchased about 435 million WLFI tokens on the secondary market, with a cumulative amount of approximately $65.58 million. The project also stated that it will propose a governance proposal next week to discuss unlocking early locked tokens and to upgrade the functionality of USD1, including supporting gas-free transfers and adapting to AI payment infrastructure.
WLFI Plans to Submit Proposal to Unlock Early Tokens Next Week, Responds to Lending Concerns by Stating No Liquidation Risk
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
ETH inter-exchange spread reaches 1.11%
-
2
The Nikkei 225 index is down 2.72% from its previous close, currently at 62,903.43.
-
3
Tether, Circle, Ripple, and other stablecoin issuers have frozen over $2.6 billion in assets linked to suspected security breaches at Binance.
-
4
Samsung Electronics fell 4.31% from its previous close, now trading at ₩222,000.
-
5
South Korea's KOSPI index is down 4.77% from its previous close, currently at 5,654.61.
-
6
SK Hynix is down 5.9% from its previous close, now trading at ₩1,436,000.
-
7
Taiwan's TAIEX fell 2.68% from its previous close, currently at 45,125.33.
-
8
Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
-
9
Samsung Electronics is down 5.82% from its previous close, now trading at ₩218,500.
-
10
CNBC analysis suggests that Intel's stock may continue to fall after its significant decline, but selling now would not recover losses.
Markets Today
Recommended Reading


