World Liberty Financial proposes token buyback and burn program using liquidity fees across Ethereum, BNB Chain, and Solana. The initiative aims to reduce circulating supply, increase long-term holders’ ownership, and establish a link between platform usage and token scarcity. Majority of respondents support the proposal for a broader buyback strategy.

WLFI token unlock adds 24.6 billion tokens to circulation, increasing Trump family’s holdings to $5 billion. Circulating supply stands at 27.3 billion out of 100 billion with a market capitalization of $6.6 billion. Founders’ holdings, including Donald Trump and his sons, initially remained locked.

WLFI prices plummet post-launch due to short sellers offloading tokens. Prices dropped 36% from $0.331 to $0.210 before recovering to $0.229, marking a 30% decline. Token burn initiative aims to address the problem of price volatility and stabilize the market.

Read more at Cointelegraph: World Liberty Financial Proposes WLFI Token Burn Program