According to breaking news, World Liberty Financial (WLFI) is about to sign off on a 47 million multisig token burn. Currently, two-thirds of the signatures have been signed.
A DeFi project linked to Trump is launching a buyback and burn program to rebuild trust after a rocky start. Under the proposal, fees earned from WLFI's liquidity positions on Ethereum, Binance Smart Chain, and Solana will be used to buy tokens on the open market and permanently burn them. This design shifts the token's framework from oversupply to engineered scarcity.
More transaction volume means more fees, which could lead to more burn. Team members say this aligns long-term holders with the protocol's growth, but skeptics call it a display of appearance over substance.
*This is not investment advice.
