【Chain News】There’s a new lending platform to watch out for. WLFI Markets, a lending market supported by Dolomite, is now live, and the latest development is the official launch of the first-week reward program.
The mechanism is straightforward—deposit USD1 to receive a share of WLFI tokens. What’s more interesting is that the rewards are not fixed but increase based on the amount deposited each week. In other words, the more you deposit, the higher the per-unit return. This design indeed helps motivate liquidity to flow in.
For users interested in experiencing this type of DeFi lending product, this is a good time to try. Early participants usually receive a relatively better reward ratio. However, you should still assess the platform risk yourself, as lending protocols involve fund security.
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UnluckyValidator
· 16h ago
Another new platform, but the tactics are still the same old tricks
Rushing in and being cautious at the same time, a typical FOMO situation
Dolomite's endorsement does carry some weight, but I will still wait and see
I've heard too many stories from early participants, don't become the bagholder
Wait for stablecoin pairs to come out, no rush for now
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AltcoinHunter
· 01-14 04:17
It's the same old trick of depositing stablecoins to mine worthless tokens. This time, it's under the guise of WLFI... The higher the early returns, the greater the likelihood that later investors will suffer losses.
Brothers going all-in, please remember this is part of the Dolomite ecosystem; risk is on you.
Does anyone still believe in the so-called increasing reward mechanism? Honestly, it's just bloodsucking early liquidity.
I think anyone rushing in during the first week will definitely regret it. History always repeats itself in astonishing ways.
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FloorPriceWatcher
· 01-13 03:18
It's the same old story of early participants eating up the gains, the countdown has truly begun.
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rug_connoisseur
· 01-13 03:18
Another story of "Early Participant Benefits," sounds pretty good
It's the same incremental reward scheme, the more you deposit, the higher the returns. But I feel this logic has a bit of a reverse incentive flavor
Dolomite's endorsement adds some points, but lending protocols... it's always wise to be cautious
Honestly, it's easy to reap dividends in the first week, but it depends on whether you can get out in time
I've seen this kind of gameplay quite a few times; the key is whether the TVL can stay stable
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SolidityNewbie
· 01-13 03:15
Another new platform is about to spend money, this time WLFI?
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Just by holding stablecoins, you can get free tokens. Sounds good, but I’m more concerned about whether Dolomite is reliable.
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Early participants are always harvesters of the little guys. You guys take your time playing.
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The biggest risk for lending protocols is flash loan attacks. Has this platform been audited?
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The token increment system is interesting, but could it be another big gamble before a scam?
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I just want to ask, when will these projects stop relying on rewards to attract liquidity?
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Dolomite’s endorsement does add some trust, but I’d still recommend testing with small amounts first.
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DefiOldTrickster
· 01-13 03:10
It's the same old trick again—incremental rewards are just to get you to invest all at once. My buddy used to play exactly like this back in the day with Compound. The key still depends on the token unlock curve behind WLFI; don't end up holding worthless paper later on.
WLFI Markets lending platform launches weekly reward program; deposit stablecoins to earn token shares
【Chain News】There’s a new lending platform to watch out for. WLFI Markets, a lending market supported by Dolomite, is now live, and the latest development is the official launch of the first-week reward program.
The mechanism is straightforward—deposit USD1 to receive a share of WLFI tokens. What’s more interesting is that the rewards are not fixed but increase based on the amount deposited each week. In other words, the more you deposit, the higher the per-unit return. This design indeed helps motivate liquidity to flow in.
For users interested in experiencing this type of DeFi lending product, this is a good time to try. Early participants usually receive a relatively better reward ratio. However, you should still assess the platform risk yourself, as lending protocols involve fund security.