WLFI Steadies as Community Approves Deflationary Buyback-and-Burn Plan
World Liberty Financial’s token (WLFI) is holding firm after the community overwhelmingly voted to implement a buyback-and-burn program aimed at reducing post-launch volatility.
Trading near $0.20, WLFI is up 0.2% in the last 24 hours and has gained 7.8% over the week, according to CoinGecko. The token has a market cap of $5.4 billion and daily trading volumes of about $480 million, though it remains down roughly 35% since its launch.
The approved plan directs 100% of protocol-owned liquidity fees from Ethereum, Binance Smart Chain, and Solana toward open-market purchases of WLFI that are permanently burned. By cutting circulating supply, the strategy reinforces a deflationary framework intended to support long-term value.
Voting results showed near-unanimous support: 1.3 billion votes (99.48%) were in favor, with only 0.12% against, and turnout reached 135% of the required quorum. The vote will officially close on September 19.
Supporters say that linking token burns to trading activity aligns market usage with long-term value creation. With the buyback-and-burn plan set in motion, WLFI aims to move investor focus from early volatility toward a scarcity-driven, long-term growth model, akin to Ethereum.
