WLFI Holds Steady as Community Approves Buyback-and-Burn Initiative
World Liberty Financial’s native token (WLFI) is maintaining stability following overwhelming community approval of a buyback-and-burn plan designed to address post-launch volatility.
The token is trading near $0.20, up 0.2% over the past 24 hours and 7.8% higher for the week, according to CoinGecko. WLFI currently has a market capitalization of $5.4 billion and daily trading volumes of around $480 million, despite being down roughly 35% since its launch.
Under the new proposal, 100% of protocol-owned liquidity fees across Ethereum, Binance Smart Chain, and Solana will be used to purchase WLFI on the open market and permanently burn the tokens. The initiative aims to reduce circulating supply and reinforce a deflationary model to support long-term value.
Voting results showed near-unanimous support, with over 1.3 billion votes (99.48%) in favor and only 0.12% against, achieving 135% of the required quorum. The vote formally concludes on September 19.
Proponents highlight that linking burns to trading activity aligns token usage with long-term value creation. With the plan set to take effect, WLFI seeks to shift focus from early price swings toward a scarcity-driven growth model, echoing strategies seen in Ethereum.
