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Trump-Backed World Liberty Launches WLFI Token Buyback After 41% Price Drop


by Michael Juanico
for BlockNews
Trump-Backed World Liberty Launches WLFI Token Buyback After 41% Price Drop
  • WLFI token price fell 41% in September, now trading near $0.19.
  • A governance vote approved a buyback and burn program with 99% support.
  • Fees from WLFI-controlled liquidity pools will fund purchases and permanent burns.

World Liberty Financial, the DeFi project backed by the Trump family, is launching a WLFI token buyback and burn program this week after its token plunged 41% in September. WLFI, which hit an all-time high of $0.33 earlier in the month, was trading near $0.19 on Friday, according to CoinGecko. The move aims to absorb selling pressure, reduce circulating supply, and stabilize the token’s value.

How the Buyback and Burn Works

The new mechanism was approved by the WLFI community with overwhelming support, receiving 99% of votes in favor. Under the plan, fees generated from World Liberty’s liquidity positions on Ethereum, BNB Chain, and Solana will be used to purchase WLFI from the open market. Tokens bought back will then be sent to a burn address, permanently removing them from circulation. The team emphasized that only WLFI-controlled liquidity pools are part of the program, while community and third-party pools remain unaffected.

Why It Matters

Buyback and burn mechanisms are often used in DeFi to create deflationary pressure, making tokens more scarce and theoretically more valuable over time. For WLFI, every trade will now contribute to reducing supply, tying platform growth directly to token scarcity. The project hopes this strategy will rebuild confidence among investors following September’s steep sell-off.

Outlook for WLFI

While token burns can support prices, their success often depends on trading volume and continued platform adoption. With WLFI’s performance closely tied to its liquidity fee revenues, the impact of the program will hinge on whether World Liberty can sustain user growth and on-chain activity. For now, the buyback plan signals that the team is actively responding to price pressure and trying to reassure holders amid the downturn.

The post Trump-Backed World Liberty Launches WLFI Token Buyback After 41% Price Drop first appeared on BlockNews.

Read the article at BlockNews

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Trump-Backed World Liberty Launches WLFI Token Buyback After 41% Price Drop


by Michael Juanico
for BlockNews
Trump-Backed World Liberty Launches WLFI Token Buyback After 41% Price Drop
  • WLFI token price fell 41% in September, now trading near $0.19.
  • A governance vote approved a buyback and burn program with 99% support.
  • Fees from WLFI-controlled liquidity pools will fund purchases and permanent burns.

World Liberty Financial, the DeFi project backed by the Trump family, is launching a WLFI token buyback and burn program this week after its token plunged 41% in September. WLFI, which hit an all-time high of $0.33 earlier in the month, was trading near $0.19 on Friday, according to CoinGecko. The move aims to absorb selling pressure, reduce circulating supply, and stabilize the token’s value.

How the Buyback and Burn Works

The new mechanism was approved by the WLFI community with overwhelming support, receiving 99% of votes in favor. Under the plan, fees generated from World Liberty’s liquidity positions on Ethereum, BNB Chain, and Solana will be used to purchase WLFI from the open market. Tokens bought back will then be sent to a burn address, permanently removing them from circulation. The team emphasized that only WLFI-controlled liquidity pools are part of the program, while community and third-party pools remain unaffected.

Why It Matters

Buyback and burn mechanisms are often used in DeFi to create deflationary pressure, making tokens more scarce and theoretically more valuable over time. For WLFI, every trade will now contribute to reducing supply, tying platform growth directly to token scarcity. The project hopes this strategy will rebuild confidence among investors following September’s steep sell-off.

Outlook for WLFI

While token burns can support prices, their success often depends on trading volume and continued platform adoption. With WLFI’s performance closely tied to its liquidity fee revenues, the impact of the program will hinge on whether World Liberty can sustain user growth and on-chain activity. For now, the buyback plan signals that the team is actively responding to price pressure and trying to reassure holders amid the downturn.

The post Trump-Backed World Liberty Launches WLFI Token Buyback After 41% Price Drop first appeared on BlockNews.

Read the article at BlockNews

Read More

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Avalanche just wrapped up one of its biggest months to date, posting eye-popping numb...
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