WLFI proposes "100% liquidity fee buyback and burn"
According to ChainCatcher, on September 19, World Liberty Financial previously released a proposal requiring that all fees generated from the protocol-owned liquidity (POL) of WLFI be used for open market buybacks of WLFI and permanently burned. This proposal has now received support from 99.84% of voters.
The official statement noted that if this proposal passes, WLFI will use this as the foundation for a continuous buyback and burn strategy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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