Crypto Newbie

09-14 19:46

The WLFI proposal to use 100% of the protocol's own liquidity (POL) fees to buy back $WLFI in the market and permanently destroy it seems to be a big deal. The current protocol revenue is not high, at most in the millions of dollars a year. However, WLFI's current market capitalization is around $5 billion, so this is clearly not a good idea.

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