The interest rate crashed from 34% to 10%! WLFI has just repaid 25 million USD1—so is this situation finally safe, or even more dangerous? Just now, WLFI repaid 25 million USD1 loans on Dolomite. The market’s first reaction was: “Is the risk gone?” But anyone who truly understands funding wouldn’t look at the current situation that simply: USD1 borrowable liquidity has recovered to $35 million; the **deposit interest rate** fell from 34% back to 10.43% (back to normal).



For comparison:
USDC: 9.07%
USDT: 7.74%

On the surface, everything has “returned to normal.”
WLFI-7,86%
USD1-0,03%
USDC-0,03%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin