WLFI rises 4% after governance approves deflationary plan
The WLFI token rose more than 4% on Friday to $0.21, outperforming the broader market as the World Liberty Financial community gave early approval to a new governance measure aimed at strengthening the token’s value.
The proposal, introduced earlier this month, redirects fees collected from protocol-owned liquidity (POL) to repurchase tokens on the open market and permanently burn them.
Although voting began on September 11 and is set to continue until September 18, the measure has already secured overwhelming support. According to governance data, more than 99% of votes — roughly 1.5 billion WLFI tokens — favored the proposal. Less than 2 million tokens voted against, while around 5.8 million abstained.
5 Largest WLFI Wallets That Led the Governance Proposal. Source: CryptoSlate
Meanwhile, according to CryptoSlate, an analysis of the voting pattern showed that as of publication time, just two “whale” addresses provided more than 56% of the “yes” votes, controlling over half of WLFI’s total supply.
WLFI team prepares strengthening plan
Despite concerns about whale dominance, WLFI managed to climb above the $0.20 level on September 12, recovering from lows of $0.19. The concentration of voting power, apparently linked to project insiders, signals World Liberty Financial’s determination to further reinforce its native token.
“This is only the first step in our deflationary model. Token burning within a non-inflationary framework is a powerful strategy. WLFI not only incorporates multiple deflationary features but also includes revenue-generating real-world components that ensure long-term sustainability,” said team member Dylan.
The plan aims to shift more WLFI into the hands of committed holders rather than short-term speculators.
To pave the way for the program, the team recently burned 47 million WLFI tokens worth over $11 million. These tokens were taken directly from unlocked Treasury reserves and sent to designated burn addresses, marking the first major step toward a continuous burn model.
As we wrote, WLFI listing: Trump token hype and risk factors
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