WLFI Holds Steady as Community Backs Deflationary Buyback-and-Burn Plan

World Liberty Financial’s native token (WLFI) is maintaining stability after the project’s community overwhelmingly approved a buyback-and-burn strategy to counter post-launch volatility.

WLFI is trading near $0.20, up 0.2% over the past 24 hours and 7.8% higher for the week, according to CoinGecko. The token has a market capitalization of $5.4 billion and sees daily trading volumes around $480 million. Since its launch, the Trump-affiliated token has declined roughly 35%.

The proposal, introduced Thursday U.S. time, allocates 100% of protocol-owned liquidity fees on Ethereum, Binance Smart Chain, and Solana for open-market purchases of WLFI that will then be permanently burned. By reducing circulating supply, the initiative reinforces a deflationary narrative and aims to support long-term token value.

Community voting showed near-unanimous support: over 1.3 billion votes (99.48%) in favor, with just 0.12% opposing, and turnout reaching 135% of the required quorum. The vote will formally close on September 19.

Proponents say that linking token burns to trading activity aligns usage with long-term value creation. With the buyback-and-burn plan set to take effect, WLFI aims to shift investor focus from early volatility toward a long-term scarcity model, echoing strategies employed by Ethereum.