Public Watchboard

THEIR TOKEN IN. YOUR DOLLARS OUT.

The WLFI team deposits their own token as collateral to borrow stablecoins from the protocol.
There is no incentive to repay — and they can keep adding collateral to avoid liquidation indefinitely.
If forced into liquidation, the resulting bad debt falls on the protocol and its depositors.

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Net Dollars Borrowed Out -

Borrowed dollars minus looped dollars.

Total Collateral Posted -

WLFI collateral: -

Total Looped Dollars -

Borrow + deposit of same stablecoin.

Team TVL Share Of Protocol -

Protocol TVL: -

Looping Breakdown

The team loops stablecoin deposits to farm yield and inflate protocol TVL.