WLFT Holds Ground with Community Backing for Buyback-and-Burn Program

WLFI Maintains Momentum as Community Approves Buyback-and-Burn Plan

World Liberty Financial’s native token (WLFI) is holding steady after the community overwhelmingly approved a buyback-and-burn initiative aimed at countering post-launch volatility.

Trading near $0.20, WLFI has risen 0.2% over the past 24 hours and 7.8% over the week, according to CoinGecko. The token carries a market capitalization of $5.4 billion and daily trading volumes around $480 million, though it remains down roughly 35% since launch.

The proposal directs 100% of protocol-owned liquidity fees from Ethereum, Binance Smart Chain, and Solana toward open-market purchases of WLFI, which are then permanently burned. By reducing circulating supply, the plan strengthens a deflationary framework designed to boost long-term token value.

Community voting demonstrated overwhelming support: over 1.3 billion votes (99.48%) in favor, only 0.12% against, with turnout reaching 135% of the required quorum. The vote will officially close on September 19.

Supporters argue that tying token burns to trading activity aligns usage with long-term value creation. With the buyback-and-burn plan moving forward, WLFI aims to shift investor attention from early price swings to a scarcity-driven growth model, similar to Ethereum’s approach.