WLFT Steady as Community Endorses Token Buyback and Burn Initiative

WLFI Gains Momentum as Community Approves Buyback-and-Burn Strategy

World Liberty Financial’s native token (WLFI) is showing resilience after its community overwhelmingly backed a deflationary buyback-and-burn plan aimed at countering post-launch volatility.

Currently trading around $0.20, WLFI is up 0.2% in the past 24 hours and has climbed 7.8% over the week, according to CoinGecko. The token holds a $5.4 billion market capitalization and daily trading volumes near $480 million, despite being down roughly 35% since its launch.

The new proposal channels 100% of protocol-owned liquidity fees on Ethereum, Binance Smart Chain, and Solana into open-market purchases of WLFI, which will then be permanently burned. By reducing the circulating supply, the plan reinforces a deflationary model and aims to bolster long-term value.

Voting results reflected overwhelming support: more than 1.3 billion votes (99.48%) were in favor, with just 0.12% opposing, and turnout reached 135% of the required quorum. The vote is set to officially close on September 19.

Advocates of the plan argue that tying token burns to trading activity creates alignment between usage and long-term investor value. With the strategy set to take effect, WLFI hopes to transition investor focus from early price swings to a sustainable scarcity-driven model, similar to Ethereum’s approach.