WLFI’s treasury borrowed about $75 million in stablecoins using its own WLFI tokens as collateral. Critics argue this resembles insider-driven value extraction, while some users ...
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Yahoo Finance: WLFI Used Its Own Tokens To Borrow $75M—Now Critics Are Sounding the Alarm
WLFI Used Its Own Tokens To Borrow $75M—Now Critics Are Sounding the Alarm