Gold 24K AED 526.46/gUSD/AED 3.6725USDT/AED 3.6725AED/INR 26.01All live rates →

World Liberty Financial to Implement Buyback-and-Burn Program

The World Liberty Financial (WLFI) community has overwhelmingly voted to approve a new buyback-and-burn plan, which will use 100% of the protocol’s liquidity fees to purchase and permanently remove WLFI tokens from circulation.

The proposal, which is set to formally pass on September 19, received more than 1.3 billion votes, with 99.48% in favor. The plan aims to create a deflationary model for WLFI, similar to Ethereum, by reducing its circulating supply over time.

Following the news, the WLFI token has held steady, trading at around $0.20, up 0.2% in the last 24 hours and 7.8% for the week. The token has a market capitalization of $5.4 billion and a daily trading volume of approximately $480 million. Supporters believe this new mechanism will tie the token’s value to its trading activity, shifting the focus from early price volatility to long-term scarcity.

September 2025, Cryptoniteuae

📧 The Gulf reads Cryptonite first
Get MENA regulation moves, RWA deals and AI-money trends in one weekly brief — plus instant alerts when the MENA Regulation Tracker changes. Free, no spam.
Was this briefing useful?Thanks for the feedback!
Vaibhavv Ali
Vaibhavv Ali

Vaibhavv Ali is the founder and editor of Cryptonite (cryptonite.ae), an independent digital-asset news and analysis publication with a UAE focus. He covers virtual-asset regulation — VARA, ADGM and the UAE Central Bank — alongside real-world-asset tokenization, stablecoins and agentic AI in finance. Every Cryptonite article is human-edited and its sources are linked. He is also a celebrated speaker and host.

More articles by Vaibhavv Ali →
About  ·  Contact  ·  Privacy Policy  ·  Editorial Policy  ·  Advertise  ·  Newsletter
Follow: X  ·  LinkedIn  ·  Instagram  ·  Binance Square  ·  CoinMarketCap  ·  Gate