In the Crypto Assets market, WLFI and its stablecoin USD1 are attracting widespread attention, and its model seems to be achieving the goals that the LUNA project was originally supposed to reach. Looking back in history, LUNA once soared to a market capitalization peak of 40 billion USD, but ultimately collapsed due to the lack of substantial collateral for its stablecoin UST.
WLFI adopts a completely different strategy: USD1 is backed by U.S. Treasury bonds, which not only generate interest income but also use these earnings to buy back and destroy WLFI tokens. This deflationary mechanism gives the tokens real value, rather than relying solely on market confidence for maintenance.
The adoption speed of USD1 is remarkable, quickly ranking among the top five stablecoins with a circulation of over 2.2 billion USD. Currently, the price of WLFI is only 0.25 USD, with an expected total circulation of 5 billion coins and a market capitalization of about 1.25 billion USD. Compared to the entire crypto assets market, this scale is still relatively small.
If WLFI can replicate the growth trajectory of certain successful projects, its price potential could be quite substantial. However, it is worth noting that despite a fully diluted valuation reaching 100 billion USD, the actual market capitalization growth space is still worth looking forward to, considering the token burn mechanism and gradual release strategy.
The greatest advantage of the WLFI model lies in its solid foundation, clear logic, and strong endorsement support. These factors together build an ecosystem that is expected to avoid collapse and potentially capture greater value.
Overall, WLFI is working to address the key issues of LUNA's failure and build a more robust and promising encryption economic model. As the market's demand for stablecoins and innovative financial solutions continues to grow, WLFI's development trajectory is undoubtedly worth closely following.
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TokenEconomist
· 08-30 20:21
actually the tokenomics here are quite elegant - deflationary pressure via treasury yield burns creates a positive feedback loop
Reply0
ETHReserveBank
· 08-29 21:13
Lu Yi, a seasoned sucker in the crypto world, do your own research (DYOR)
View OriginalReply0
MetaverseLandlord
· 08-29 09:49
Why is there another hype?
View OriginalReply0
EyeOfTheTokenStorm
· 08-29 09:45
The bull run is coming again, the market data seems familiar.
In the Crypto Assets market, WLFI and its stablecoin USD1 are attracting widespread attention, and its model seems to be achieving the goals that the LUNA project was originally supposed to reach. Looking back in history, LUNA once soared to a market capitalization peak of 40 billion USD, but ultimately collapsed due to the lack of substantial collateral for its stablecoin UST.
WLFI adopts a completely different strategy: USD1 is backed by U.S. Treasury bonds, which not only generate interest income but also use these earnings to buy back and destroy WLFI tokens. This deflationary mechanism gives the tokens real value, rather than relying solely on market confidence for maintenance.
The adoption speed of USD1 is remarkable, quickly ranking among the top five stablecoins with a circulation of over 2.2 billion USD. Currently, the price of WLFI is only 0.25 USD, with an expected total circulation of 5 billion coins and a market capitalization of about 1.25 billion USD. Compared to the entire crypto assets market, this scale is still relatively small.
If WLFI can replicate the growth trajectory of certain successful projects, its price potential could be quite substantial. However, it is worth noting that despite a fully diluted valuation reaching 100 billion USD, the actual market capitalization growth space is still worth looking forward to, considering the token burn mechanism and gradual release strategy.
The greatest advantage of the WLFI model lies in its solid foundation, clear logic, and strong endorsement support. These factors together build an ecosystem that is expected to avoid collapse and potentially capture greater value.
Overall, WLFI is working to address the key issues of LUNA's failure and build a more robust and promising encryption economic model. As the market's demand for stablecoins and innovative financial solutions continues to grow, WLFI's development trajectory is undoubtedly worth closely following.