TL;DR
- WLFI approves using 100% of its protocol-owned liquidity fees to buy back and burn tokens, with 99.8% of votes in favor of the proposal.
- The buybacks will be funded with fees generated on Ethereum, BNB Chain, and Solana, sending the purchased tokens to on-chain burn addresses.
- The Trump family owns 60% of WLFI and, together with ABTC, increased their wealth by $1.3 billion in a single week, while the token trades at $0.2280.
World Liberty Financial (WLFI), the crypto platform backed by the Trump family, approved using 100% of treasury fees derived from protocol-owned liquidity to buy back and burn tokens.
The decision received 99.8% approval, with only 0.06% voting against it. The program aims to reduce circulating supply, increase the relative weight of long-term committed holders, and establish a mechanism that scales with ecosystem adoption.
The buybacks will be funded with fees generated from WLFI’s liquidity positions on Ethereum, BNB Chain, and Solana. Tokens purchased will be sent to burn addresses, permanently removing them from circulation.
Each transaction contributes to removing WLFI from the market, increasing the proportion of committed holders. The platform plans to expand the strategy to include additional protocol revenue sources to increase the program’s scale. All burns are recorded on-chain and reported to the community, ensuring transparency. The community considered keeping fees in the treasury or splitting them between operations and burn, but the majority chose to allocate 100% of POL fees to the burn.
WLFI Seeks Recovery After a Rocky Start
WLFI’s launch was turbulent. The token went live on September 1 and dropped nearly 40% in its first three days, despite a preventive burn of 47 million tokens on September 3. Currently, it trades at $0.2280, down 0.8% over the past 24 hours. The impact of the program on price will depend on the volume of fees generated by the protocol, but it sets a clear direction for token management.
The Trump family owns 60% of WLFI and receives 75% of revenue from token sales. WLFI is part of a crypto portfolio that includes Nasdaq-listed American Bitcoin Corp (ABTC). Recent activity from both projects contributed to a $1.3 billion increase in the family’s wealth in just one week. High-profile investors, including Andrew Tate, have already taken positions, highlighting the token’s volatility.
The regulatory environment also favors WLFI. Trump’s return to the presidency coincided with more flexible crypto rules, including the Strategic Bitcoin Reserve, Digital Asset Stockpile, and the Genius Act for stablecoins, as well as the appointment of crypto advocate Paul Atkins to the SEC
