The Trump family's encryption project WLFI has been exposed to borrow tens of millions of dollars through related party agreements, raising questions about conflicts of interest Odaily Planet Daily News: World Liberty Financial (WLFI), a cryptocurrency project co founded by the Trump family, has conducted multiple mortgage lending operations through the DeFi lending protocol Dolomite, sparking market attention on insider relationships, revolving financing, and liquidity risks. Data shows that WLFI has used its self issued stablecoin USD1 and platform token WLFI as collateral, lending a total of approximately $31.4 million in stablecoins and transferring some of the funds to Coinbase Prime, suspected to be used for fiat currency exchange or over-the-counter trading. It is worth noting that Corey Caplan, co-founder of Dolomite, also serves as an advisor to WLFI, which currently accounts for approximately 55% of the deposit liquidity in the agreement, significantly increasing concentration risk. In addition, the USD1 pool utilization rate on Dolomite is as high as about 93%, which means that ordinary deposit users may not be able to withdraw funds at any time, and liquidity is at risk of being locked in. Meanwhile, due to the limited depth of the WLFI token market, once the price drops and triggers liquidation, it may trigger a chain of selling and lead to bad debt risks, ultimately borne by other depositors. On chain data also shows that WLFI transferred about 3 billion tokens (approximately $266 million) to multiple addresses in early April, and the destination is still unclear. As of now, WLFI has not responded to the relevant transaction.