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Trump-Backed World Liberty Financial to Launch Buyback and Burn Program for WLFI Tokens
World Liberty Financial (WLFI), a digital asset venture backed by U.S. President Donald Trump and his family, is set to begin implementing its buyback and burn strategy this week.
The initiative, approved through a near-unanimous governance vote, aims to reduce token supply and strengthen long-term holder confidence.
“This program removes tokens from circulation held by participants not committed to WLFI’s long-term growth and direction,” the governance proposal stated.
Early Struggles Amplify Pressure
The urgency of this initiative stems from WLFI’s troubled launch. The token went live on September 1, but within three days, its value dropped by 40%, even after a one-off burn of 47 million tokens on September 3.
Since then, the decline has continued, with WLFI now trading at $0.1926. This marks a drop of more than 58% from its debut, according to CoinMarketCap.
Questions Over Market Impact
While the buyback and burn plan seeks to reduce circulating supply and create upward price pressure, the proposal lacked details on the scale of revenues available for buybacks.
Without such estimates, it remains unclear how impactful the program will be in the short term. Still, transparent reporting may provide reassurance to long-term holders who are watching the market closely.
Next Steps
Implementation begins this week across Ethereum, BNB Chain, and Solana, where WLFI maintains liquidity positions. Tokens purchased during buybacks will be permanently removed, and detailed reports will be shared after each transaction.
Whether this initiative can slow the decline and stabilize WLFI’s price remains to be seen, but the project is betting on transparency and community trust to chart its path to recovery.