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World Liberty Financial recommends WLFI token Burn Program


The Trump Family-Tied Decentralized Finance Project World Liberty Financial has released a management proposal to implement a token buyback and burn program using protocol property fees.

Financial Management of Freedom in the World is suggested With 100% of protocol fees generated from their own platforming platform positions throughout Ethereum, BNB chain, and Solana to buy WLFI tokens from the market and permanently destroy them by burning.

The mechanism, if voting, will reduce the circulating -shifted supply of token, which Started trading to the exchanges on Monday.

It will also increase the percentage of relative ownership of the focused long-term owners and create a direct link between platform use and token lack, it said.

“This program removes tokens from the circulation held by participants who are not focused on WLFI’s long-term growth and direction, which effectively increases relative weight for those who have long-term holders.”

If approved, this will be the starting point for a broader purchase strategy that can be combined with other revenue sources from the protocol.

Most of the respondents in the comments section expressed the approvement of the proposal.

All-in to token burn

World Liberty Financial collects trading fees from protocol property and uses fees to buy Wlfi Tokens from short -term sellers in the open market. These tokens will be sent to a burn address, remove them from circulation.

“The proposal favors going throughout the burning, rather than splitting between treasury and burning operations,” Says WLFI’s ambassador “TESPMOORE,” added, “alternative options such as a 50/50 split are considered but not selected.”

There are some uncertainty mentioned in the proposal, such as the actual amount of the fee, which makes it difficult to estimate the impact of combustion on the supply. There is also no contingency plan for what happens if the treasury requires emergency funds after making 100% of the combustion fees.

Large unlocking gives tokens to founders

A big WLFI I -unlock the token On Monday added 24.6 billion circulation tokens and increased Trump’s family handling to $ 5 billion.

The project had previously announced the handles of its founders, along with Donald Trump and his three children Donald Trump Jr., Barron Trump and Eric Trump, remain locked.

Related: Trump family’s World Liberty Stake up $ 5B after uniting token

WLFI has a switch -transfer supply of 27.3 billion to 100 billion and a market capitalization of $ 6.6 billion.

Wlfi price tank

WLFI’s prices have been up to this week as short sellers have been offloaded token, a problem intended by the token Burn.

WLFI fell around 36% from peak $ 0.331 to a low $ 0.210 before returning to trade at $ 0.229, down almost 30% during the day, at the time of writing.

WLFI price tanks after debut on exchanges. Source: Nansen

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