Currently, by staking 100 million WLFI on Falcon, you can mint nearly 20 million USDf, or it can serve as a guaranteed exit channel for Large Investors.
Odaily News Falcon Finance interface shows that WLFI can currently be used as collateral for minting USDf within the protocol. Currently, in Falcon, selecting the classic minting mode allows for minting 19.81 million USDf with 100 million WLFI (worth approximately 27.9 million USD) — this can almost be seen as a guaranteed exit channel for Large Investors. If WLFI continues to fall, the minter can choose to take away 19.81 million USDf; if the WLFI price is maintained, they can continue to hold their Position.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Currently, by staking 100 million WLFI on Falcon, you can mint nearly 20 million USDf, or it can serve as a guaranteed exit channel for Large Investors.
Odaily News Falcon Finance interface shows that WLFI can currently be used as collateral for minting USDf within the protocol. Currently, in Falcon, selecting the classic minting mode allows for minting 19.81 million USDf with 100 million WLFI (worth approximately 27.9 million USD) — this can almost be seen as a guaranteed exit channel for Large Investors. If WLFI continues to fall, the minter can choose to take away 19.81 million USDf; if the WLFI price is maintained, they can continue to hold their Position.