WLFI repurchase and destruction officially launched with support from the Ministry of Finance
Source: CoinWorld
Time: 2025-09-12 21:45:48
WLFI launches a repurchase and destruction solution, which converts 100% of capital liquidity fees to market purchases on multiple blockchains and permanently destroy tokens. The deflation mechanism aims to drive up the token price, and is currently at $0.1996, down 40% from its all-time high. Analysts expect the token price to rise by 50% if the plan is approved, but its effectiveness depends on the fee limit, repo frequency and governance transparency.