🔥 WLFI Executes $1.47M Token Burn 🔥
BlockBeats News (Sep 27, 04:21 UTC):
According to EmberCN, the WLFI team repurchased & burned 6.923M WLFI (≈$1.47M) in a major deflationary move.
◾ Buyback: 3.814M WLFI bought on-chain for 798K USDT at $0.21
◾ Burn: 6.923M WLFI in total
• 3.814M from repurchase
• 3.109M from protocol fee revenue
◾ Backed by a community-approved proposal to use 100% of Treasury liquidity fees for ongoing buyback & burn
📊 Market impact (last 24h):
WLFI +7.63%
USDT +0.01%
This marks the first execution of WLFI’s new deflationary tokenomics strategy, with all burns publicly verifiable on-chain.