– WLFI governance vote supports buyback-and-burn proposal – Proposal uses 100% of liquidity fees for token repurchase – Initiative aims to reduce circulating supply, boosting token price – Vote ends Sept. 18 with over 99% participant approval

World Liberty Financial, a DeFi project linked to the Trump family, is voting on a new tokenomics proposal involving a buyback-and-burn program for its native token.

The plan uses 100% of fees from protocol-owned liquidity to buy tokens from the open market and burn them, reducing supply.
The initiative follows the launch of the WLFI token on Ethereum earlier this month.
The project features a USD-pegged stablecoin called USD1, trading 40% below its all-time high since its September launch.

Buyback Program Details

Continuous and transparent process with all transactions recorded on-chain.
Fees from treasury-owned liquidity on networks like Ethereum, BNB Chain, and Solana are used for token repurchases.
Aims to reduce token supply and align with long-term holders by removing non-committed participants.
The model links platform activity to the WLFI token price, with more usage leading to more tokens burned.

This strategy mirrors a DeFi trend where protocols use cash flows for supply reduction instead of emissions. Similar initiatives have seen $400 million in cumulative buybacks since mid-June.

The governance vote shows over 99% support and concludes on Sept. 18.