World Liberty Financial (WLFI), a digital asset venture backed by U.S. President Donald Trump and his family, is set to begin implementing its buyback and burn strategy this week.
The initiative, approved through a near-unanimous governance vote, aims to reduce token supply and strengthen long-term holder confidence.
According to the project’s latest governance update, WLFI will immediately start using 100% of its treasury liquidity fees to buy back tokens from the open market. These tokens will then be sent to a burn address for permanent removal from circulation.
The team has also committed to posting every buyback and burn transaction publicly. This transparent reporting aims to reassure the community and demonstrate accountability as the program unfolds.
Near-Unanimous Community Approval
The governance vote, which passed last week, received 99.8% support, with only 0.06% of votes in opposition. The team described the measure as the foundation of WLFI’s tokenomics strategy to favor long-term investors over short-term speculators.
“This program removes tokens from circulation held by participants not committed to WLFI’s long-term growth and direction,” the governance proposal stated.
Early Struggles Amplify Pressure
The urgency of this initiative stems from WLFI’s troubled launch. The token went live on September 1, but within three days, its value dropped by 40%, even after a one-off burn of 47 million tokens on September 3.
Since then, the decline has continued, with WLFI now trading at $0.1926. This marks a drop of more than 58% from its debut, according to CoinMarketCap.
Questions Over Market Impact
While the buyback and burn plan seeks to reduce circulating supply and create upward price pressure, the proposal lacked details on the scale of revenues available for buybacks.
Without such estimates, it remains unclear how impactful the program will be in the short term. Still, transparent reporting may provide reassurance to long-term holders who are watching the market closely.
Next Steps
Implementation begins this week across Ethereum, BNB Chain, and Solana, where WLFI maintains liquidity positions. Tokens purchased during buybacks will be permanently removed, and detailed reports will be shared after each transaction.
Whether this initiative can slow the decline and stabilize WLFI’s price remains to be seen, but the project is betting on transparency and community trust to chart its path to recovery.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
