WLFI Proposal for Token Buyback and Burn Gains Wide Support

WLFI’s proposal to utilize all treasury liquidity fees for buybacks and burns has received overwhelming support. According to Foresight News, the proposal is currently receiving a 99.57% approval rate as of September 19th. This proposal details how all revenue generated through WLFI’s Protocol-Owned Liquidity (POL) will be directly repurchased as WLFI tokens on the open market and permanently destroyed. Fees from community or third-party liquidity providers are unaffected by this action. The repurchased tokens will then be transferred to a dedicated burn address, effectively reducing the circulating supply of WLFI tokens permanently.