On June 2, WLFI had $4,680,413,299.55 held in reserves backing USD1. Today they have $4,536,005,753.42. Why was $144,407,546.13 taken out of reserves? Where did it go and why? That money could have been used to buy/burn 2.5 Billion tokens. Yet, no one is demanding answers from WLFI. How long will you wait? When it hits zero?
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Well, go demand some answers from them and let us all know how it goes.
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just wait for right time … it is going to moon
jeebi, you’re a bad look on the project. You don’t have to leave a lame comment on EVERY GOODMAN post…
Touch some grass, man
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waiting huge here gys
As of today, WLFI reserves are down to $4,429,051,043.19. The company lost $250 million in treasuries (and USD1 stablecoin) in just 6 weeks. Still no response back from them. Glad they have an email for questions.
Normally I find myself at odds with your positions, but on the topic of their unresponsiveness we agree: very frustrating and makes it hard to defend them. Never an update, never an answer to a question, just an occasional BS post followed by “This is the last post in this thread” and never a follow up. Chaps my ass.