Don’t be exit liquidity for Trump’s cartel:
They deposited $484M of $WLFI tokens to borrow USDC.
Those loans will likely never be repaid.
Instead, when Trump leaves office, or even after the midterms if Republicans lose, $WLFI will dump, and Dolomite will be stuck with BAD DEBT.
As a result, USDC lending rates are at 13.5%. But even that APY isn’t worth the risk of not being able to withdraw your deposit.
Everyone knows this.
No surprise Dolomite's $DOLO trades at just $15M market cap because it's a turkey getting ready for Thanksgiving.