1 hours ago
WLFI: Collateral Loop Breakdown
> A breakdown of how World Liberty Financial constructed large, leveraged looping positions on Dolomite, borrowing ~$240M+ across wallets by cycling USD1 and USDC against WLFI collateral to maximize exposure and utilization.
> This pushed utilization rates above 80% and representing 82.7% of Dolomite's TVL.👇
Source: https://x.com/chaoslabs/status/20...
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〽️ Crypto Pulse 👉 @degendaoinfo #crypto
> A breakdown of how World Liberty Financial constructed large, leveraged looping positions on Dolomite, borrowing ~$240M+ across wallets by cycling USD1 and USDC against WLFI collateral to maximize exposure and utilization.
> This pushed utilization rates above 80% and representing 82.7% of Dolomite's TVL.👇
Source: https://x.com/chaoslabs/status/20...
_
〽️ Crypto Pulse 👉 @degendaoinfo #crypto
