World Liberty Financial, backed by Trump, repurchase and burning tokens wlfi by millions
The project backed by the Trump family replied 6.04 million WLFI and burned tokens for a value of USD $ 1.43 million. Wlfi rose more than 3% but is still 36% below its historical maximum.
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- The project backed by the Trump family replied 6.04 million WLFI.
- Proceeded to burn almost 8 million WLFI for a value of USD $ 1.43 million.
- It is part of a plan approved by the community to deflation to WLFI.
- The measure promoted the price of WLFI more than 3%, but not enough to take it to its historical maximum.
World Liberty Financial (WLFI), the Decentralized Finance Project (DEFI) affiliated with the family of former president Donald Trump, has executed a repurchase and burning of his native WLFI tokens, permanently eliminating millions of circulation units in an effort to reduce the offer and relieve the sale pressure.
According to data ON-CHAIN compiled by the analyst Lookonchain, The project replied 6.04 million WLFIvalued at USD $ 1.06 million, and proceeded to burn almost 8 million tokens for a value of USD $ 1.43 million.
In particular, the team collected 4.91 million WLFI and USD $ 1.06 million in rates and liquidity earnings of their activities defi in the chains of Solana, Binance Smart Chain (BSC) and Ethereum. Subsequently, it invested USD $ 1.06 million to repurify WLFI in the open market. The team proceeded to burn 7.89 million WLFI in BSC and Ethereumwhile 3.06 million WLFI, equivalent to USD $ 638,000, remain without burning in Solariumpending additional actions.
This operation occurs in the middle of a fall of more than 30% in the price of WLFI during the last month. As of Saturday, the token was quoted at USD $ 0.2049, with a increase of more than 3% in the last 24 hoursaccording to data from Coingcko. However, there is still 36.6% below its historical maximum of USD $ 0.3313, conquered on September 1.
The repurchase and burning strategy comes from a governance vote approved in the middle of this month, where 99% of WLFI holders supported the proposal. The plan establis that 100% of the commissions generated by the protocol’s own liquidity in Ethereum, BSC and Solarium They are destined to repurchase Wlfi tokens in the market and send them to burning addresses, eliminating them permanently. The project clarified that only liquidity rates controlled by WLFI are included, excluding Pools of third parties.
Some chain analysts have speculated that this program might burn up to 4 million WLFI daily, which would represent almost 2% of the total offer annually, although the exact figures are still unconfirmed.
WLF repurchase and burn your tokens
Lookonchain reported on these movements on Saturday morning through their X account, based on data from Arkham Intelligence. The transaction screen capture Arkham shows input and output flows related to aggregators such as Jupiter and protocols like Meteora and Raydiumconfirming the repurchase in Solarium.
Founded in 2024, World Liberty Financial He launched his WLFI governance token through a private sale in early 2025. Their function is to allow holders to vote in platform decisions, which limits their speculation but also its liquidity.
After having been available only between qualified investors, the Token became transferable on September 1, when his team confirmed a planned launch in secondary markets. The token wlfi that began to quote in Exchange centralized as Binance, Upbit and Krakenquickly reaching a price peak in the midst of enthusiasm.
World Liberty Financial He has earned attention for the support he has received from the US president, Donald Trump, and his children – who would have seen their fortune grow thanks to the launch of WLFI.
The website of the project ready to the affiliated entity, DT Marks Defi LLCand members of the Trump family, including Donald Jr., Barron and Eric, as initial headlines of 22.5 billion WLFI.
This development occurs in a context of volatility in the cryptocurrency market, with WLFI seeking to stabilize its value through deflationary mechanisms after its debut in decentralized exchanges less than a month ago. The WLFI price experienced a short peak at USD $ 0.2539 before going back to USD $ 0.2096, where it is at the time of editing.
Article written with the help of AI, edited by Diariobitcoin
Edited image of Unspash, with WLF logo
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