WLFI Buyback & Burn Blitz: 6.92 Million Tokens Torched in First Fee-Fueled Strike – Total Burns Hit 54M as Supply Squeeze Accelerates!
Yo, Steemit crypto crew! 🦅 If you thought last week's governance bombshell was hype, buckle up – World Liberty Financial ($WLFI) just lit the fuse on its protocol-owned liquidity (POL) buyback and burn machine. In a move that's got diamond hands diamond-harder, the team executed their first official buyback burn yesterday, September 26, vaporizing 6.92 million WLFI tokens worth a cool $1.46 million at an average price of $0.2093 per token. This isn't some one-off stunt; it's the kickoff to a relentless deflationary engine, with 100% of treasury fees from Ethereum, BNB Chain, and Solana pools now laser-focused on scooping up and incinerating supply. Add this to the project's earlier 47 million token burn from launch week, and we're staring down over 54 million WLFI gone forever – a solid dent in the 24.66 billion circulating supply as of early September. Holders, this is the squeeze we've been waiting for. Let's unpack the deets, trace the on-chain fire, and forecast why $WLFI's moonshot just got turbocharged. ☝️
Quick Recap: From Launch Volatility to Burn Mode Activated
$WLFI exploded onto the scene on September 1, 2025, riding Trump-family vibes and DeFi dreams, hitting a peak of $0.46 before cratering 41% to $0.19 amid market jitters and short-seller frenzy. The community didn't flinch – a governance proposal to route all POL fees (0.125% on trades) into buybacks and burns passed with 99.84% approval on September 25. Excluding third-party pools to keep incentives intact, this targets WLFI's own liquidity positions for pure, transparent value accrual.
But wait, there was already fire: On September 2, an initial 47 million WLFI burn (valued at ~$11.34 million) hit the chain via a multi-sig wallet, slashing supply by 0.19% to signal long-term commitment and weed out flippers. Transaction etched on Etherscan: 0x24ffbb29f4ac8bc8a88887396f83f6f91154f11912e8e095f3ceb6c462456309. Total supply dipped to 99.95 billion, but the real game-changer? The ongoing POL flywheel.
The First Buyback Burn: On-Chain Breakdown & Numbers That Pop
Kicking off "this week" as promised, the team dropped the hammer on September 26 at 6:57 PM UTC. From the World Liberty Multisig (0x5be9a4959308a0d0c7bc0870e319314d8d957dbb), fees accrued from POL trades were swapped on open markets for ~6.92 million WLFI at an average of $0.2093 – that's $1,463,395.56 in buying power straight from protocol revenue. No fluff, no delays: Tokens were immediately routed to a dead-address burn via the "Burn" method, with the full tx live on Etherscan for your sleuthing pleasure: 0xa56b7c0611620205bfea3ca526d49c5376570d86d02c2b957a03b68bad99aeda.
Community buzz exploded on X, with holders hailing it as a "deflationary rally" starter – posts racking up thousands of views confirming the ~7M torch (rounding up the 6.92M for that meme-worthy punch). This isn't pocket change; at current volumes (~$3.5B daily trades), POL fees could fuel $1M+ burns weekly if momentum holds. The flow? Fees → Market buys → Instant burn. Transparent, manual, and on-chain – no black boxes here.
Here's the burn ledger so far:
Burn Event | Date | Tokens Burnt (M) | Value (USD) | % of Circ. Supply | Tx Link |
---|---|---|---|---|---|
Initial Launch Burn | Sep 2, 2025 | 47 | ~$11.34M | 0.19% | Etherscan |
First POL Buyback | Sep 26, 2025 | 6.92 | $1.46M | ~0.03% | Etherscan |
Total to Date | - | 53.92 | ~$12.8M | ~0.22% | - |
(Data sourced from on-chain explorers and community reports; circulating supply ~24.66B as of early Sep – expect updates as unlocks roll.)
Why This Burns Bright: Impact, Risks, and the Bullish Horizon
This isn't just supply theater – it's a scarcity superpower. With $WLFI hovering at $0.20 post-Robinhood listing bump, each burn cranks holder equity: Your slice of the pie grows as uncommitted tokens exit stage left. Analysts eye a 9-10x retrace if volumes spike with USD1 integrations, mirroring $BNB's burn-fueled ATHs. Risks? Execution slips or fee droughts could slow the roll, but 99% DAO backing and on-chain proof minimize that noise.
Longer-term, as DeFi adoption swells (think over-collateralized lending bridging TradFi), fees compound. Governance could expand to USD1 yields, but for now, POL is the hero. Price action? A 5% pop yesterday on burn news – shorts are sweating.
Eagle's Eye Close: Burns Building the Liberty Legacy
$WLFI's buyback burn era is live, with 54M tokens already ashes and more fees fueling the furnace. This Trump-backed beast isn't fading – it's forging scarcity in real-time, rewarding HODLers with every swap. 🦅 Freedom's on the blockchain, and it's getting rarer by the day.
Steemit squad, you stacking or spectating? Spill your $WLFI takes – bullish AF here. Upvote for the deets, follow for the drops!
Tags: #WLFI #CryptoBurn #Buyback #DeFi #TrumpCrypto #USD1 #Tokenomics #SteemitDeFi #OnChain
Sources & DYOR Vibes:
- Etherscan Tx Explorers
- WLFI Governance Forum
- Community X Threads
Not financial advice – crypto's wild; ape at your own risk.