The launch of the WLFI token turned into a rollercoaster on its first day of trading. Meant to embody the ambition of World Liberty Financial, the token lost over a third of its value in a matter of hours. To reassure investors, the team has already played a trump card: a massive buyback and burn program funded by protocol revenues.
Un plan pensé pour les « vrais » holders
The proposal is clear: all commissions from liquidity held by the protocol on Ethereum, Binance Smart Chain, and Solana will be used to repurchase WLFI on the market and then send it to a burn address. In other words, each use of the protocol will reduce the total token supply.
This program removes tokens from the market held by those who do not believe in the project long-term and mechanically strengthens the commitment of dedicated holders.
Fees generated by community or third-party liquidity pools are not affected. But the team assures that if the initiative is approved by the community, it could be expanded to other revenue sources as the ecosystem grows.
Transparency and Community Voting
All buyback and burn operations will be recorded on-chain and made public. Three options are subject to a vote: support the full transfer of liquidity revenues to this program, oppose it and keep the funds in the treasury, or abstain. At this point, the majority of feedback seems positive, although no voting or implementation schedule has been published yet.
A Poor Launch on the Markets for WLFI?
WLFI debuted on Monday at $0.32 with a brief spike to $0.80, before collapsing by 34% to hit a low of $0.21. Currently, the token hovers around $0.25.
Despite this brutal plunge, the interest was massive: over $2.5 billion of WLFI was traded in the first few hours on giants like Binance, Coinbase, and Upbit. Currently, around 27.35 billion tokens are in circulation, out of a total set at 100 billion.
Investors Still Overall Winners
Even after this drop, early investors are still sitting on massive gains. During the presale, WLFI was trading at just $0.015. Consequently, early birds still show a return of over x10.
According to Bubblemaps, billionaire and Tron founder Justin Sun holds a significant stake in WLFI, still in strong profit of hundreds of millions despite the volatility.
A Project Under the Trump Label
Founded in 2024, World Liberty Financial stands out from any other crypto start-up. The project enjoys public support from Donald Trump and his family, a fact that would have been unprecedented in the ecosystem just a few years ago. In addition to its token, the company has launched the USD1 stablecoin, now the sixth-largest stablecoin worldwide, with a market capitalization of $2.6 billion.
A bumpy start, but WLFI aims to redeem itself: retain its holders and establish its ecosystem.
