🇺🇸World Liberty Financial, a crypto project backed by US President Donald Trump, has passed a governance proposal to reduce the supply of its native cryptocurrency and increase its value following disappointing price performance since its launch.
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On Thursday, the Trump family-backed platform passed a governance vote to allocate 100% of the project's treasury's liquidity fees to the buyback and burn of World Liberty Finance (WLFI) tokens, effectively removing them from circulation.
📊According to data, the vote passed with a 99.8% majority, while only 0.06% of community members voted against the proposal, which will serve as the "foundation" of the platform's token buyback strategy.
The governance proposal states: "This initiative will remove tokens from circulation held by participants not committed to the long-term growth and direction of WLFI, effectively increasing the relative weight of long-term holders."🔰
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4September 19, 2025 635
