The WLFI community is voting on a proposal to dedicate 100% of the liquidity fees to a buyback-and-burn program, which will permanently remove tokens from circulation.
Full Allocation Toward Deflation
The current proposal aims to allocate all fees earned from the protocol’s liquidity positions to buy back WLFI tokens from the open market and subsequently burn them. These fees are generated on Ethereum, BSC, and Solana, and exclude fees from partner liquidity providers. The execution of the program will be manual, with every burn recorded on-chain for verification. The main idea is to create a greater impact on reducing the total supply of tokens.
Alternatives and Community Sentiment
Before launching the proposal, WLFI considered other alternatives, including retaining the fees in the Treasury for operations or splitting them between the Treasury and burns. However, the broader community preferred a more assertive approach, directing all Treasury liquidity fees towards buybacks and burns for maximum impact.
The Vote and What’s Next
Token holders are being asked to choose between three options: * FOR — Use 100% of WLFI Treasury POL fees for buyback-and-burn * AGAINST — Keep fees in the Treasury * ABSTAIN — No preference. If approved, this initiative will lay the foundation for an ongoing deflationary strategy, with the potential for expansion to cover additional revenue streams in the future.
The outcome of the vote will determine whether WLFI fully commits to a 100% deflationary model or retains Treasury revenue for operations and growth.
