WLFI has introduced a governance proposal to implement a buyback and burn program that would use all of the protocol’s liquidity fees to reduce its token supply. Under the plan, 100% of fees generated from protocol-owned liquidity across Ethereum, BNB Chain, and Solana would be deployed to purchase WLFI tokens from the market, which would then be permanently destroyed through burning. The mechanism aims to lower circulating supply while strengthening the ownership stake of long-term holders. Buyback Program Targets Circulating Supply “This program removes tokens from circulation held by participants not committed to WLFI’s long-term growth and direction, effectively increasing relative weight for committed long-term holders,” the proposal stated. If approved, this initiative would mark the beginning of a wider buyback strategy that could eventually expand to include other protocol revenue streams. Early community responses leaned positive, with most participants in the governance forum supporting the move. The project ambassador “Tespmoore” explained that the proposal deliberately prioritized burning over alternatives: “The proposal favors going all-in on burning, instead of splitting between treasury operations and burn. Alternative options like a 50/50 split were considered but not chosen.” WLFI Token Unlock Pressure The proposal comes at a time of significant market pressure for WLFI. The project recently experienced a massive token unlock, adding 24.6 billion WLFI to circulation and boosting the Trump family’s holdings to an estimated $5 billion. Although the founders — Donald Trump and his sons Donald Jr., Eric, and Barron — have pledged to keep their holdings initially locked, the expanded supply has weighed heavily on prices. WLFI’s circulating supply currently stands at 27.3 billion out of a total of 100 billion tokens, giving the project a market capitalization of $6.6 billion. Despite its high-profile backers, the token has faced aggressive selling since its launch earlier this week. The token fell nearly 36% from a peak of $0.331 to a low of $0.210, before recovering slightly to $0.229 at the time of writing — down almost 30% on the day. Supporters of the burn program believe it will help counter short-term selling pressure by tying scarcity directly to platform usage. Still, uncertainties remain, particularly around the size of protocol fees and the lack of contingency planning if treasury funds are needed. The post Trump-Linked WLFI Proposes Aggressive Token Buyback and Burn appeared first on TheCoinrise.com .