The World Liberty Financial (WLFI) community has overwhelmingly voted to approve a new buyback-and-burn plan, which will use 100% of the protocol's liquidity fees to purchase and permanently remove WLFI tokens from circulation.
The proposal, which is set to formally pass on September 19, received more than 1.3 billion votes, with 99.48% in favor. The plan aims to create a deflationary model for WLFI, similar to Ethereum, by reducing its circulating supply over time.
Following the news, the WLFI token has held steady, trading at around $0.20, up 0.2% in the last 24 hours and 7.8% for the week. The token has a market capitalization of $5.4 billion and a daily trading volume of approximately $480 million. Supporters believe this new mechanism will tie the token's value to its trading activity, shifting the focus from early price volatility to long-term scarcity.
September 2025, Cryptoniteuae