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WLFI's token destruction raises doubts about the real-world value of DeFi

Source: CoinWorld
The Trump-related WLFI project is advancing an aggressive token destruction strategy to reduce supply and potentially increase the value of tokens, which is consistent with the trend of DeFi, as such destruction symbolizes long-term confidence. Although no specific numbers were disclosed, the move involved transferring tokens to inaccessible addresses to curb circulation. Success depends on ongoing demand and real-world practicality, as artificial scarcity without platform growth can hurt effectiveness. WLFI aims to balance token economics with practical use cases, and by introducing dynamic supply mechanisms, it is different from the traditional stablecoin model. Market response will depend on user adoption and whether the project can provide scalable capabilities beyond speculation.
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