NullTx
2025-09-28 03:03:50

World Liberty Executes First $WLFI Token Burn After Community Approval

World Liberty Finance (@worldlibertyfi) has taken a decisive step to strengthen its token economy. Following community approval, the protocol completed its first-ever $WLFI burn. The move combined fee-based burns with open market buybacks, removing millions of tokens from circulation across Ethereum and BSC. Breaking Down the Numbers The process started with 3,109,320 $WLFI burned directly from protocol fees on Ethereum and BSC. That marked the first official burn under the new proposal. The team didn’t stop there. They also bought 3,814,095 $WLFI from the open market. Purchases were spread across three stablecoins: 401,165.93 $USD1 196,146.40 $USDC 201,026.75 $USDT All of those tokens have now been permanently removed from supply. According to data, $WLFI is trading around $0.2 with a market cap of $5.12B (CoinMarketCap). Daily volume sits near $346M, showing active interest as the burn takes hold. The Capital Pool Before the burn, World Liberty gathered capital through a mix of protocol fees and market operations. The team collected: 4.91M WLFI ($1.01M) $1.06M in fees across Solana, BSC, and Ethereum That combined pool created the base for their buyback campaign. With it, they went into the open market and repurchased 6.04M WLFI ($1.06M). The Final WLFI Burn As the repurchases were complete, the team carried out a sweeping burn. A total of 7.89M WLFI ($1.43M) were permanently destroyed across BSC and Ethereum. That figure includes both the fee-based burn and the tokens acquired on the open market. By eliminating them, World Liberty has directly reduced circulating supply, tightening long-term tokenomics. However, the process is not fully complete. 3.06M WLFI ($638K) remain unburned on Solana. The community is now watching closely to see when those tokens will also be removed. Strategic Impact This dual strategy, combining fee burns with open market buybacks, marks a key shift for World Liberty. Instead of relying on passive deflation through transaction fees, the protocol is actively using collected capital to repurchase and destroy tokens. The impact is twofold: 1. Immediate supply reduction. Tokens are permanently out of circulation, easing downward pressure. 2. Protocol value alignment. Fees collected by the system are redirected into strengthening $WLFI’s long-term position. This approach mirrors practices seen in traditional finance, where companies repurchase shares to support value for holders. In the crypto space, it reinforces the project’s commitment to token value capture. Why It Matters for Holders Token burns are often seen as bullish because they lower supply while demand remains constant or increases. In World Liberty’s case, the first burn shows clear intent: protocol growth should translate into value for $WLFI holders. Community members now anticipate the next phase, what will happen to the 3.06M WLFI sitting on Solana. If those tokens are eventually burned, the overall impact could be even greater. Market watchers are already noting increased activity. $WLFI’s 24-hour trading volume has held steady near $5.9M, while liquidity on BSC and Ethereum remains strong. Transparency and Key Wallets World Liberty has shared wallet addresses for public tracking: Ethereum: [0x5be9a4959308A0D0c7bC0870E319314d8D957dBB](https://etherscan.io/address/0x5be9a4959308A0D0c7bC0870E319314d8D957dBB) Ethereum: [0x407F66Afb4f9876637AcCC3246099a2f9705c178](https://etherscan.io/address/0x407F66Afb4f9876637AcCC3246099a2f9705c178) Solana: 2x6Uhxmaot1cpiRisNwUcaQFPJCryGE4aTdpTYhYLENS BSC: [0xA713fc94db054AA435AF4d9c66c3433dCA98559F](https://bscscan.com/address/0xA713fc94db054AA435AF4d9c66c3433dCA98559F) This open approach allows the community to independently verify the transactions and track progress. The first burn is more than a symbolic gesture. It sets a precedent for how World Liberty will handle value capture going forward. By tying protocol growth directly to deflationary mechanics, $WLFI has a clearer path to sustainable tokenomics. Still, questions remain. The Solana supply has yet to be addressed, and the market will be watching closely for any updates. If those tokens are burned, the total reduction could surpass 10M WLFI in just one round. For now, the message is clear: World Liberty is serious about strengthening $WLFI. Each burn reduces supply, each buyback shows confidence, and each update brings more eyes to the ecosystem. World Liberty’s first burn removed nearly 8M WLFI ($1.43M) from circulation across Ethereum and BSC. Backed by protocol fees and market buybacks, the move signals a stronger, more deflationary future for the token. With $WLFI trading near $0.2, a market cap of $5.12B, and liquidity across multiple chains, the protocol’s strategy may provide long-term benefits for holders. The only question left: when will Solana’s 3.06M WLFI be burned? Until then, the community will keep watching every wallet, every burn, and every step forward. World Liberty Financial has burned 3,109,320.66 $WLFI from protocol fees on Ethereum & BSC. In addition, we purchased 3,814,095 $WLFI from the open market using: • 401,165.93 $USD1 • 196,146.40 $USDC • 201,026.75 $USDT …at an average purchase price of $0.209312 per token.… — WLFI (@worldlibertyfi) September 26, 2025 Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !

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