Token native to World Liberty Financial (WLFI) It remains stable after the project community overly approved a plan to direct all liquidity rates owned by a protocol towards a repurchase and burning mechanism.
WLFI is quoted about $ 0.20, 0.2% more in the last 24 hours and 7.8% higher in the week, according to Coingcko data. The Token has a market capitalization of $ 5.4 billion and daily negotiation volumes of approximately $ 480 million.
The Token affiliated with Trump has dropped around 35% since the launch.
The proposal, presented on Thursday night in which the time of the United States is assigned 100% of the rates generated by WLFI liquidity positions in Ethereum, Binance Smart Chain and Solana for WLFI open market purchases that will be permanently burned. The plan is designed to reduce circulating supply and reinforce a deflationary narrative.
The vote shows an overwhelming consensus: more than 1.3 billion votes, or 99.48%, are in favor, with only 0.12% against. Participation reached 135% of the required quorum. The vote formally ends on September 19.
Supporters of the proposal argue that Atar burns with commercial activity creates alignment between the use of token and the long -term value.
With the repurchase plan and burns that now develops, WLFI is trying to change the focus of early volatility investors to a long -term scarcity model, similar to Ethereum.
