"WLFI proposes to repurchase 100% liquidity expenses and destroy WLFI" proposal passed

According to BlockBeats, on September 19, World Liberty Financial's previous proposal required the use of all expenses incurred by the WLFI protocol's own liquidity (POL) to open market repurchase WLFI and implement permanent destruction. The proposal has been passed, with 99.84% of voters expressing support. It is reported that the "own liquidity" refers to only the expenses incurred by the liquidity controlled by WLFI, and the expenses of the community and third-party liquidity providers (LPs) will not be affected. Simply put, WLFI officially charges fees incurred by its own liquidity positions on Ethereum, BSC and Solana chains. These fees are used to repurchase WLFI tokens in the market, and the repurchased tokens are transferred to the destruction address to achieve permanent supply reduction. Officials said that if this proposal is passed, WLFI will use this as the basis for the continuous repurchase and destruction strategy. As the ecosystem develops, we will explore the inclusion of other protocol revenue sources into the program and gradually expand the scale of WLFI repurchase and destruction.