WLFI proposes to "buy back and burn 100% of liquidity fees."

ChainCatcher news, September 19, World Liberty Financial's previously released proposal requests that all fees generated from the protocol's own liquidity (POL) be used for open market repurchases of WLFI and to implement permanent destruction. This proposal has currently received 99.84% support from voters for approval.

The official statement indicates that if this proposal is passed, WLFI will use this as the basis for a continuous repurchase and destruction strategy.