WLFI Plans to Submit Proposal to Unlock Early Tokens Next Week, Responds to Lending Concerns by Stating No Liquidation Risk

Odaily 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.