WLFI mints $25 million in fresh USD1 and burns $3 million, days after repayment claim

By Shaurya Malwa

WLFI mints $25 million in fresh USD1 and burns $3 million, days after repayment claim

WLFI minted $25 million in fresh USD1 tokens and burned $3 million simultaneously. This action comes days after the project claimed to have repaid $25 million of a borrowing position. That position had previously prevented depositors from withdrawing funds from a DeFi lending pool.

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