World Liberty Financial Launches Token Buyback and Burn Program to Stabilize WLFI Value
World Liberty Financial (WLFI), a DeFi initiative with ties to the TRUMP family, has initiated a token buyback and burn program following a 40% decline in WLFI's value in September. The move, approved by 99% of token holders, aims to reduce supply and enhance scarcity.
The program will execute daily burns of up to 4 million tokens, targeting a 2% annual reduction in circulating supply. Governance updates confirm 100% of WLFI Treasury Liquidity Fees will fund the initiative, with transparent reporting of all transactions.
Buyback and burn mechanisms are a well-established strategy in crypto markets to counteract price volatility. World Liberty's decisive action reflects growing institutional adoption of deflationary tokenomics to stabilize asset values.
