Gate News message, April 10, WLFI’s official post responded to market concerns about its lending positions in WLFI Markets, stating that there is currently no liquidation risk, and that even if the market experiences significant volatility, it can be addressed through additional collateral. WLFI said that as one of the platform’s main borrowers, the related lending activities are providing a source of revenue for the platform, thereby increasing the stablecoin yield level. In terms of data, WLFI disclosed that USD1’s current annualized income is approximately $159.5 million, and that in the past 6 months it has repurchased about 435 million WLFI tokens in the secondary market, with a cumulative amount of about $65.58 million. In addition, WLFI said it will submit a governance proposal next week to discuss unlocking early locked tokens, and will upgrade the functionality of USD1, including supporting gas-free transfers and adapting to AI payment infrastructure.
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