The WLFI team has proposed a new strategy to utilize all fees from its protocol-owned liquidity (POL) for the repurchase and destruction of WLFI tokens. This initiative, reported on September 2nd, aims to buy WLFI on the open market and permanently remove it from circulation. The proposal specifically targets fees generated by WLFI-controlled liquidity, excluding those from community or third-party liquidity providers. If approved, this would establish a foundational buyback and burn strategy, with plans to potentially expand the program to include additional protocol revenue sources as the ecosystem develops.
WLFI Proposes Using Treasury Fees for Token Buyback and Burn
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