WLFI team proposes to use all WLFI vault liquidity fees for repurchase and destruction
Source: PANews
Time: 2025-09-02 06:51:09
PANews September 2nd news, according to official news, the WLFI team initiated a proposal to use all fees earned by the WLFI protocol's own liquidity (POL) to purchase WLFI on the open market and destroy it permanently. Fees incurred for WLFI-controlled liquidity only, and fees from community or third-party liquidity providers (LPs) are not affected. If the proposal is passed, WLFI will regard it as the basis of the ongoing repurchase and destruction strategy. Over time, the expansion of the program to include more sources of protocol revenue will be explored, with the goal of steadily expanding the scale of WLFI repurchase and destruction as the ecosystem grows.