World Liberty co-founder Zak Folkman explained that the $75 million loan on Dolomite Markets was small relative to the $5 billion WLFI tokens posted as collateral and aimed to boost liquidity and utilization. Despite concerns from DeFi analysts about risks, Folkman emphasized transparency and that the loan posed no threat to lenders. Additionally, World Liberty rejected allegations from Justin Sun's lawsuit claiming token freezes and governance exclusion, filing a defamation case and asserting all contract terms were public and clear. The company also noted increased scrutiny due to its ties with Donald Trump, which has both helped and complicated its growth.
World Liberty Financial (WLFI) has burned 100 million tokens worth about $6.68 million as part of a 10% burn from founders and team allocations following the start of its token unlock schedule. The unlock schedule, which was controversial and voted o...
World Liberty Financial (WLFI) team wallets burned 100 million tokens valued at $6.68 million as part of a Lockbox unlock process that destroys 10% of tokens transferred into an unlocking contract. This burn slightly reduces circulating supply but is...
World Liberty Financial (WLFI) moved $55.57 million worth of tokens into an unlocking contract tied to a proposal to release 62.28 billion tokens, about 62% of its total supply. Early voting by large holders favored unlocking and burning some insider...
The BNB Chain sector grew by 4% week-over-week, adding about $6.7 billion to reach a $175 billion market cap amid improving market sentiment. Key tokens like SIREN, DeXe, and BNB showed notable gains, while emerging projects like Humanity Protocol su...
