World Liberty Financial's Token Stays Strong as Community Supports Burn Plan

Summary

World Liberty Financial’s native token, WLFI, has remained stable following community approval to direct protocol-owned liquidity fees towards a buyback-and-burn strategy. The token is currently trading around $0.20, with a market cap of $5.4 billion and daily trading volumes nearing $480 million.

Key Points

WLFI’s proposal to burn its tokens achieved overwhelming support, receiving 99.48% of votes in favor. This is intended to foster a deflationary model akin to Ethereum.
Currently, WLFI is navigating a modest increase of 0.2% in the past 24 hours and 7.8% for the week.
The proposal, introduced late Thursday, commits 100% of fees from liquidity positions across Ethereum, Binance Smart Chain, and Solana for WLFI buybacks that will be permanently burned.
Voter turnout surpassed 135% of the required quorum, with the voting period concluding on September 19.

Supporters see this approach as a means to align token use with sustained value growth, transforming earlier market volatility into a long-term scarcity model resembling Ethereum’s success.