🚨 Breaking: WLFI Proposes Token Burn After Post-Launch Price Drop: What’s Next?
World Liberty Financial (WFLI) has proposed a plan for a buy back burn program that will help reduce the supply of $WFLI and boost the token’s long-term value. The plan will involve using fees collected from the project’s own liquidity reserves to finance a series of buybacks. Once bought, the program will go ahead to burn them and reduce the supply.
The proposal comes after WLFI’s price dropped sharply following its launch this week, as short sellers sold off the token. WLFI fell about 36% from a high of $0.331 to a low of $0.210, before recovering slightly to $0.2164
