WLFI: Proposal to use 100% of protocol-owned liquidity fees for token buyback and burn
ChainCatcher News, according to the official announcement, the WLFI team in the East 8th time zone announced at 6:46 this morning that a new governance proposal has been launched. The proposal suggests that all fees generated from the WLFI Protocol Owned Liquidity (POL) will be used to buy back WLFI on the open market and permanently burn it. Fees from the community or third-party LPs will not be affected.
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
SOL treasury companies and ETF total holdings exceed 24.2 million SOL, equivalent to approximately $3.44 billions
Institutions increased their BTC holdings by over $500 million in the past 30 days


Adam Back: Strategy's leverage ratio is very low, previously only transferred BTC to another custodian and did not sell
