Odaily Planet Daily reported that the Falcon Finance interface shows that WLFI can now be used as collateral to mint USDf within the protocol.

Currently, if you choose the classic minting mode on Falocn, 100 million WLFI (worth approximately US$27.9 million) can be minted into 19.81 million USDf - this can almost be regarded as a guaranteed exit channel for large investors. If WLFI continues to fall, the minter can choose to take away 19.81 million USDf. If the WLFI price remains stable, the minter can continue to maintain the mortgage position.