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Post
Zach Everson
zacheverson.com
did:plc:moye3apncjjbyqgb7orp5quj
Sounds bad!
"The maneuver, involving WLFI using its own governance token to borrow its own USD1 stablecoin from a protocol advised by a World Liberty Financial insider, has sparked concerns about circular economics and the use of user-funded pools to finance a single insider borrower."
https://www.coindesk.com/markets/2026/04/09/trump-s-world-liberty-financial-borrows-usd75-million-against-its-own-token-trapping-depositors-on-dolomite
2026-04-09T17:55:38.254Z