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"The 'WLFI proposes to use 100% of liquidity fees to buy back and burn WLFI' proposal currently has a support rate of 99.72%"
By: theblockbeats.news|2025/09/14 17:22:53
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BlockBeats News, September 14th: World Liberty Financial has previously released a proposal requesting that all fees generated by the WLFI Protocol's proprietary liquidity (POL) be used for open market buybacks of WLFI and for permanent destruction. The current support rate is 99.72%, the abstention rate is 0.2%, and the opposition rate is 0.07%. The voting will conclude on September 19, 2025, at 3:27 AM.
It is reported that the term "proprietary liquidity" refers to fees generated only by the liquidity controlled by WLFI, while the fees of the community and third-party liquidity providers (LP) are not affected. In simple terms, WLFI officially collects fees generated by its proprietary liquidity positions on the Ethereum, BSC, and Solana blockchains, and uses these fees to repurchase WLFI tokens on the market. The repurchased tokens are transferred to a burn address, achieving a permanent reduction in the supply.
The team stated that if this proposal is passed, WLFI will use it as the basis for a continuous buyback and burn strategy. As the ecosystem evolves, we will explore incorporating other protocol revenue streams into this plan to gradually expand the scale of the WLFI buyback and burn.
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