World Liberty Financial permanently removed $11 million worth of WLFI tokens from circulation, marking the first step in its buyback-and-burn strategy to strengthen token economics and enhance long-term holder value.
World Liberty Financial (WLFI), a crypto project linked to U.S. President Donald Trump, has executed the permanent removal of 47 million WLFI tokens valued at over $11 million from its unlocked Treasury reserves. Announced on September 2, the move represents the project's first major implementation of its buyback-and-burn governance strategy aimed at concentrating holdings among long-term investors and reducing market circulation. WLFI also blacklisted multiple wallets over suspected private key compromises tied to Ethereum EIP-7702 exploits, preventing thefts from its Lockbox system. Eric Trump hailed the token launch as a success, noting early investor gains of nearly 20x from initial pricing, though the token’s value has since fallen about 50% from post-launch highs. WLFI defended its performance as uncommon for a day-one listing, citing strong trading volumes, including approximately $6 billion in perpetual volume on Binance.