WLFI to carry out token buybacks and burns this week using protocol liquidity fees

Source
JH Kim

Summary

  • World Liberty Financial (WLFI) said it decided to use all of the protocol's liquidity fees for WLFI token buybacks and burns.
  • It said the governance proposal was passed unanimously.
  • WLFI said it will implement buybacks and burns starting this week and will transparently disclose the related details.

World Liberty Financial (WLFI) announced on the 25th (local time) via its official X (formerly Twitter) that a governance proposal to use all of the protocol's liquidity fees for WLFI token buybacks and burns was passed unanimously.

WLFI said "We will carry out buybacks and burns starting this week and will transparently disclose the details."

WLFI
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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