Trump-Linked WLFI Burns $1.43M in Tokens After $1.06M Buyback
$1.43 Million Burn Follows Governance-Approved Strategy
World Liberty Financial (WLFI), the Trump-affiliated DeFi project, has burned 7.89 million tokens worth about $1.43 million. The burn came after a $1.06 million buyback funded through fees and liquidity earnings across multiple chains.
How the Buyback Was Funded
Onchain data from Lookonchain shows WLFI gathered:
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4.91 million WLFI ($1.01 million)
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$1.06 million in DeFi fees and liquidity earnings
This capital was used to repurchase 6.04 million WLFI on the open market, which was later burned on BNB Smart Chain and Ethereum.
Still, 3.06 million WLFI ($638,000) remains unburned on Solana, pending further action.
WLFI Price Reaction
The move follows a 33% drop in WLFI’s price over the past month. As of Saturday, WLFI trades at $0.2049, up more than 6% in 24 hours, but remains down 38% from its all-time high.
Token Burn Approved by Governance
Earlier this month, 99% of WLFI holders voted in favor of the burn proposal. The plan directs all fees from WLFI-managed liquidity pools toward buybacks and permanent token removal.
The team clarified that the strategy excludes community and third-party pools, focusing only on WLFI-controlled liquidity.
Some onchain analysts estimate the program could burn 4 million WLFI daily — nearly 2% of total supply annually. Exact numbers, however, remain uncertain.
Trump Family’s Stake in WLFI
The Trump family’s connection to WLFI remains substantial. Following a scheduled unlock of 24.6 billion tokens, entities tied to former U.S. President Donald Trump and his family control roughly $5 billion in WLFI.
According to project documents, DT Marks DEFI LLC and family members including Donald Jr., Barron, and Eric Trump collectively hold 22.5 billion WLFI.
At one point, the token’s price spiked to $0.40 before retreating near its current level of $0.21.
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