WLFI opens proposal voting to use 100% of protocol-owned liquidity fees for buyback and burn
Jinse Finance reported, according to an official announcement, World Liberty Financial (WLFI) is currently voting on whether to use all fees generated from Protocol-Owned Liquidity (POL) for market buybacks and permanent burning of WLFI tokens. This proposal only concerns liquidity fees controlled by WLFI and does not affect community or third-party LP earnings. The proposal aims to directly reduce token circulation with each transaction, enhance the rights of long-term holders, and achieve a positive cycle of "the more usage, the more burning."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Mitsubishi UFJ: The Federal Reserve Has Not Entered Rate-Cut Sprint Mode
KPMG: The Federal Reserve Maintaining Current Policies Until Next Year May Lead to Overstimulation
U.S. Treasury bonds fall as Powell dampens market hopes for significant rate cuts
The three major U.S. stock indexes closed mixed.
Trending news
MoreCrypto prices
More
