
星球日报|Sep 04, 2025 09:48
[Justin Sun: The group earns billions of dollars annually, and WLFI high-interest financial product interest is 100% subsidized by the group]
Odaily Planet Daily reports that Justin Sun responded to concerns about 'WLFI users questioning high-interest financial products,' stating:
'There are some doubts online about Huobi's high-interest financial products. I would like to clarify a few points:
1. Similar to the current trend of instant retail (e.g., free meals), the high-interest financial product interest is 100% subsidized by the group. Essentially, this is just competition among trading platforms for users. Everyone can feel free to deposit and use it. The subsidy logic is simple: more users lead to more transactions, and in the long run, it’s worth it.
2. Huobi is still in its early growth stage. Our strategy is to encourage everyone to deposit with confidence, deposit freely, and with no upper limit. Once the funds are accumulated, we can discuss other matters.
3. The Merkle Tree proof has been implemented for almost 34 months now. Surely no one is still questioning the transparency of funds, right?
4. The group currently earns billions of dollars annually. Surely no one doubts our ability to afford these subsidies, right?'
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