World Liberty Financial's (WLFI) token fell by 12% in the following 24 hours following a statement defending its lending position on Dolomite, the DeFi protocol whose co-founder advises WLFI. The team argued that the position was beneficial as it generates yield for other users at a time when traditional markets offer little. However, this raises concerns about the circularity of using more WLFL tokens to back a position on a protocol advised by the company itself. The token is now trading around 48% below the buyback average, making it significantly underwater.