World Liberty Financials Natives Token (Wlfi) Keeps steadily after the project’s society overwhelmingly approved a plan to direct all protocol -owned liquidity fees against a repurchase and burnt mechanism.
WLFI is nearing $ 0.20, an increase of 0.2% over the last 24 hours and 7.8% higher in the week, according to CoingeCKO data. The token has a market value of $ 5.4 billion and daily trading volumes of approx. $ 480 million.
The Trump-affected token is down about 35% since the launch.
The proposal, introduced late Thursday US time, earmarks 100% of fees generated by WLFI’s liquidity positions at Ethereum, Binance Smart Chain and Solana to acquire the acquisition of WLFI that will be burnt permanently. The plan is designed to shrink circulating supply and reinforcing a deflationary narrative.
Voting shows overwhelming consensus: More than 1.3 billion votes, or 99.48%, is for only 0.12% against. Participation reached 135% of the required decision. Voting ends formally September 19.
Supporters of the proposal claim that Binding of burns to trade activity creates adaptation between tokenbrug and long -term value.
With the repurchase-and-burnt plan, which is now set to pass, WLFI is trying to change the investor focus from early volatility to a long-term scarcity model, similar to Ethereum.
