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<p>USD1 is a compliant asset and should be fine;

The sharp decline in $wlfi is likely due to its high annualized yield, prompting many large holders to deposit $wlfi and withdraw USD1, leading to two perceived outcomes:

1. Large-scale staking of $wlfi to borrow USD1 effectively amounts to an indirect sell-off of wlfi, creating short-term selling pressure;

2. The combination of DeFi circular lending and high yields has reminded the market of the CRV situation, intensifying panic due to poor liquidity;

Let’s observe @worldlibertyfi’s next moves.</p>

USD1 is a compliant asset and should be fine;
The sharp decline in $wlfi is likely due to its high annualized yield, prompting many large holders to deposit $wlfi and withdraw USD1, leading to two perceived outcomes:
1. Large-scale staking of $wlfi to borrow USD1 effectively amounts to an indirect sell-off of wlfi, creating short-term selling pressure;
2. The combination of DeFi circular lending and high yields has reminded the market of the CRV situation, intensifying panic due to poor liquidit

USD1 is a compliant asset and should be fine; The sharp decline in $wlfi is likely due to its high annualized yield, prompting many large holders to deposit $wlfi and withdraw USD1, leading to two perceived outcomes: 1. Large-scale staking of $wlfi to borrow USD1 effectively amounts to an indirect sell-off of wlfi, creating short-term selling pressure; 2. The combination of DeFi circular lending and high yields has reminded the market of the CRV situation, intensifying panic due to poor liquidity; Let’s observe @worldlibertyfi’s next moves.

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