Overview
WLFI Markets is a non-custodial DeFi interface that allows users to supply supported digital assets and access liquidity through third-party protocol collateralized borrowing. All core functionality available through WLFI Markets is provided by the Dolomite protocol.
WLFI Markets acts as an interface layer that enables users to interact with Dolomite's on-chain lending markets in a clear and compliant manner. WLFI Markets does not custody assets, issue loans, or control protocol behavior. All asset movements, lending logic, collateralization rules, and liquidations are executed by Dolomite smart contracts.
Core principles
WLFI Markets is built around the following core principles:
Provided by Dolomite All supply, borrow, repay, withdraw, and liquidation functionality is executed by Dolomite smart contracts.
Non-custodial Users retain full control of their assets at all times.
Transparent All positions and transactions are visible on-chain.
Collateral-based Liquidity availability is determined by collateral value and protocol-defined parameters.
WLFI Markets is designed to provide a transparent, user-controlled interface to decentralized lending infrastructure while clearly distinguishing between the interface layer and the underlying protocol.
Supply
Supplying adds supported digital assets into Dolomite's lending markets through WLFI Markets.
Supplied assets can be used as collateral to support borrowing activity or can be held to earn potential rewards, subject to Dolomite's rules.
Suppliers earn rewards on their supplied assets based on the current supply rate. Rates vary by asset and adjust dynamically based on utilization.
Borrow
Borrowing creates a position that allows supported assets to be drawn against the value of supplied collateral.
The amount that can be borrowed and the conditions under which borrowing is permitted are determined by Dolomite based on protocol-defined parameters such as collateral value and liquidation thresholds. Borrowed assets remain outstanding until repaid and are backed by supplied collateral.
If collateral values decline or borrow positions increase beyond protocol limits, the position may be liquidated by the protocol.
Repay
Repaying reduces or closes an outstanding borrow position.
Repayment decreases the outstanding borrowed balance and improves your collateral ratio. As borrow positions are reduced, collateral requirements are relaxed and liquidation risk decreases.
Until a borrow position is fully repaid, supplied collateral remains subject to protocol requirements and may be partially or fully restricted from withdrawal.
Withdraw
Withdrawing removes previously supplied assets from Dolomite's lending markets back to your wallet.
Withdrawals are permitted only when the remaining supplied assets continue to satisfy Dolomite's collateral requirements. Assets that are backing active borrow positions may be partially or fully restricted from withdrawal.
Attempting to withdraw assets in a way that would leave a position undercollateralized will be restricted by the protocol.
Collateral ratio
The collateral ratio represents the relationship between supplied collateral and outstanding borrow positions.
This ratio is calculated and enforced by Dolomite smart contracts and is used to determine whether a position satisfies protocol-defined collateral requirements. Changes in asset values or borrow positions directly affect the collateral ratio.
Collateral Ratio > 1.0: Your position is safe
Collateral Ratio = 1.0: You're at the liquidation threshold
Collateral Ratio < 1.0: Your position can be liquidated
If the collateral ratio falls below protocol thresholds, the position may be subject to liquidation, resulting in loss of collateral.
Activity
The Activity page displays a historical record of on-chain actions related to your position, including supply, borrow, repay, and withdraw transactions.
All activity data reflects transactions executed through Dolomite smart contracts and cannot be modified by WLFI Markets.
Supported network
WLFI Markets currently operates on Ethereum Mainnet only.
Asset availability and functionality depend on Dolomite market support and may change over time.
Security and risk
WLFI Markets does not implement lending, borrowing, or risk logic. All financial functionality is provided by the Dolomite protocol.
Users should refer to Dolomite's official documentation for detailed information on protocol mechanics, audits, and security practices.
Users are responsible for understanding the risks associated with interacting with decentralized lending protocols before participating.
Legal and compliance considerations
WLFI Markets is an interface, not a lending institution. All lending and borrowing functionality is provided by Dolomite.
WLFI Markets does not provide financial advice or guarantees.
Access to WLFI Markets may be restricted based on jurisdiction and compliance requirements.
What's next?
Now that you understand the basics of WLFI Markets, you can:
Supply - Learn how to supply assets to earn rewards
Borrow - Understand how to borrow against your collateral
Withdraw - Learn how to remove your supplied assets
Repay - Understand how to pay back borrowed assets
Additional resources
Concepts - Deep dive into WLFI Markets concepts
Markets - View all available markets
E-Mode - Learn about efficiency mode for optimized borrowing
Dolomite Documentation - Technical documentation for the underlying protocol
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