Trump Family’s DeFi Project Seeks to Combat Token Dips with Buyback and Burn Program

The decentralized finance project World Liberty Financial (WLFI), closely tied to the Trump family, has proposed a new governance proposal aimed at reducing token supply. This plan would utilize 100% of fees collected from its own liquidity positions across Ethereum, BNB Chain, and Solana to purchase WLFI tokens from market sellers, permanently destroying them through burning. This method aims to combat recent dips in the token’s value following its launch on exchanges this week.