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World Liberty Dismisses Liquidation Fears as WLFI Collateral Hits $428M on Dolomite
World Liberty Financial has pushed back against mounting criticism following significant collateral movements that sparked heated discussions about liquidation vulnerabilities in decentralized finance. The platform defended its borrowing tactics while characterizing concerns as overblown fear mongering. Yet, declining token valuations and heavy concentration on Dolomite keep the spotlight on potential systemic risks. The platform recently placed approximately 5 billion WLFI tokens on Dolomite to back significant borrowing activity. Through this collateralization, World Liberty obtained roughly $75 million worth of ... (full story)
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