WLFI Burns 7.89M Tokens After Major Buyback
WLFI repurchased and burned millions of tokens across Solana, BSC, and Ethereum, reducing supply and boosting value.
- WLFI bought back 6.04M tokens worth $1.06M.
- 7.89M WLFI tokens were burned on BSC and Ethereum.
- 3.06M WLFI tokens remain unburned on Solana.
Major Buyback and Burn by WLFI
WLFI token burn activity just made headlines after World Liberty Finance (WLFI) executed a significant repurchase and destruction of its native tokens. The protocol has repurchased 6.04 million WLFI tokens, spending $1.06 million in the process. This move demonstrates strong commitment to reducing token supply — a strategy often used to increase scarcity and potentially drive value.
The buyback was funded through revenue collected on multiple blockchain platforms. WLFI earned $1.01 million worth of tokens and another $1.06 million in fees from Solana, Binance Smart Chain (BSC), and Ethereum.
Burning Tokens Across Chains
Following the buyback, 7.89 million WLFI tokens worth $1.43 million were burned — effectively removed from circulation — across BSC and Ethereum. Token burning is a deflationary mechanism, and this significant reduction in supply suggests the WLFI team is focused on long-term sustainability and value creation for holders.
Interestingly, the burn total exceeded the amount repurchased, which indicates some previously held tokens were included in the burn. However, 3.06 million WLFI tokens (valued at $638K) remain unburned on Solana.
What This Means for WLFI Holders
This combination of buyback and burn is a bullish signal for WLFI supporters. Reducing the circulating supply while continuing to generate revenue on three major chains (Solana, BSC, Ethereum) may position the project for long-term growth.
Moreover, transparency in how funds were collected and used strengthens trust in the WLFI ecosystem. With a clear commitment to deflationary measures, holders may see increased confidence and demand around the token.
As always, investors should remain aware of market volatility and do their own research, but the current actions by WLFI indicate strong fundamentals and a strategic approach to tokenomics.
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