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Falcon Protocol Allows for Minting Nearly 20 Million USDf with 1 Billion WLFI Collateral

Summary: According to reports, Falcon Finance interface now allows the use of WLFI as collateral to mint USDf within the protocol. Currently, in Falcon's classic minting mode, 1 billion WLFI (valued at around 27.9 million USD) can mint 19.81 million USDf — essentially serving as a safety net exit channel for whales. If WLFI continues to ...

According to reports, Falcon Finance interface now allows the use of WLFI as collateral to mint USDf within the protocol.

Currently, in Falcon's classic minting mode, 1 billion WLFI (valued at around 27.9 million USD) can mint 19.81 million USDf — essentially serving as a safety net exit channel for whales. If WLFI continues to drop, minters can choose to take away 19.81 million USDf; if WLFI price holds, they can maintain their collateral position.

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Link: Falcon Protocol Allows for Minting Nearly 20 Million USDf with 1 Billion WLFI Collateral [Copy]

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