World Liberty Finance Approves WLFI Buyback-and-Burn Plan
The post World Liberty Finance Approves WLFI Buyback-and-Burn Plan appeared on BitcoinEthereumNews.com.
Key highlights: WLFI holders vote overwhelmingly in favor of directing protocol fees to buyback-and-burn strategy. The mechanism targets liquidity fees from Ethereum, BNB Chain, and Solana. Plan aims to reduce circulating supply and reinforce deflationary tokenomics. World Liberty Financial (WLFI), a decentralized finance project affiliated with members of the Trump family, has secured overwhelming community support for a buyback-and-burn proposal that will see 100% of protocol-owned liquidity (POL) fees used to purchase and burn WLFI tokens. 🦅 New Governance Proposal is live We’re proposing that 100% of fees earned by WLFI’s protocol-owned liquidity (POL) be used for buyback & burn of $WLFI. This means every trade = fewer tokens in circulation. Read the full proposal 👉 https://t.co/k8JPGySRoH — WLFI (@worldlibertyfi) September 1, 2025 The proposal is designed to reduce the token’s circulating supply and align its value proposition with trading activity, shifting focus toward long-term scarcity. WLFI is currently trading near $0.20, up 0.2% on the day and 7% over the past week, with a market capitalization of approximately $4.9 billion. Despite the positive momentum, the token remains down about 23% since its launch earlier this month. Token burns tied to trading activity Under the new plan, all fees generated by WLFI’s POL positions on Ethereum, BNB Chain, and Solana will be routed into open-market purchases of WLFI. The acquired tokens will be sent to a burn address, permanently removing them from circulation. This process will run continuously and be transparently recorded on-chain. Fees from community or third-party liquidity providers are not affected. Supporters argue that linking burns to protocol usage strengthens alignment between token utility and long-term value. The proposal suggests potential future expansion to other protocol revenue sources beyond POL fees. Governance backing and broader DeFi trend The vote saw overwhelming support, with over 1.3 billion votes (99.68%)…
Filed under: News - @ September 13, 2025 12:27 am