World Liberty Financial Launches Token Buyback Proposal

World Liberty Financial has proposed a buyback program aimed at benefiting long-term WLFI holders. The initiative involves using all fees accrued from protocol-owned liquidity to purchase and permanently burn WLFI tokens, effectively boosting the value for dedicated holders. According to the proposal, fees from WLFI's liquidity on Ethereum, Binance Smart Chain, and Solana will be utilized for these purchases, with burned tokens sent to a non-circulating address. Notably, fees from community or third-party liquidity providers are excluded from the program. The proposal suggests that increased protocol usage will lead to higher fees and more tokens being burned, with all transactions transparently documented on-chain. Community members can vote on three options: support the buyback and burn initiative, oppose it, or abstain. Approval could expand the program to include additional revenue sources as the ecosystem grows. WLFI's recent trading launch saw the token start at $0.32 before dropping 34% to $0.21, with current prices around $0.23. Despite the price plunge, pre-sale investors are still in profit, having bought in at just $0.015. World Liberty Financial, founded in 2024, is a U.S.-backed DeFi and crypto company that has also introduced the USD1 stablecoin, which ranks as the sixth-largest stablecoin with a market cap of $2.6 billion.