Ah, World Liberty Financial (WLFI), that cryptic decentralized finance project shrouded in mystery and backed by the Trump family, is up to something. This week, they’re unveiling a token buyback and burn program. Yes, burn those tokens-because who doesn’t love a good, fiery spectacle? 🔥
In a totally groundbreaking announcement, WLFI proudly revealed that the move had been approved by the community. Because, you know, community governance is all the rage these days. Nearly every token holder-yes, every single one, or at least that’s what they say-gave it the thumbs up. And just so we’re all on the same page, WLFI promises to keep us updated after every buyback and burn. How considerate! 🧐
🦅 Governance Update:
The community has voted to use 100% of WLFI Treasury Liquidity Fees for Buyback & Burn, passing with almost unanimous support.
The team will begin implementing this initiative this week, and all buybacks & burns will be transparently posted once conducted.
– WLFI (@worldlibertyfi) September 25, 2025
Back in September, WLFI’s token made its grand debut at a modest $0.20. But don’t worry, it briefly soared to $0.46 on its debut day-before quickly nosediving. Ah, the sweet rollercoaster of crypto life! As of last Friday, it was trading at $0.19, down a mere 4% in the last 24 hours. From its all-time high? A dramatic 58% plunge. Who could’ve predicted? Well, everyone, really. 💸
The governance proposal, which opened for a limited time (because everything in crypto is urgent, apparently), commits a full 100% of the protocol’s Treasury liquidity fees to the buyback-and-burn program. However, don’t get your hopes up. Liquidity pools run by the community or third parties are strictly off-limits. So, those are not part of this exclusive club. 🤷♂️
Buyback and Burn Program
Under this fascinating program, WLFI’s liquidity fees from Ethereum, BNB Chain, and Solana will be used to repurchase WLFI tokens from the market. These repurchased tokens will be sent to a burn address, effectively vanishing from existence. Poof! Gone. Just like that. 🧨
Burning and buybacks, as you might have guessed, are common strategies in crypto. Why? To limit the supply, obviously. The less there is, the more precious the remaining tokens become-probably. Or so they hope. I mean, if you make something scarce, it must be worth more, right? 🤷♂️ Let’s see if the market agrees.
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2025-09-26 17:05