World Liberty Financial (WLFI), the Donald Trump’s decentralized financing project, burned 7.89 million WLFI symbols, approximately $ 1.43 million, after a re -purchase of $ 1.06 million via different chains.
Onchain data pool Lookonchain shows that the project raised 4.91 million WLFI ($ 1.01 million) and $ 1.06 million as fees and liquidity profits from Defi activities, and spent $ 1.06 million to rebuild 6.04 million WLFI in the open market.
Later, the team burned 7.89 million WLFI on the smart BNB series (BNB) And ethereum (EthWhile 3.06 million WLFI ($ 638,000) is still not burned on Solana (Teller) Waiting for more procedures.
This step follows a 33 % decrease in the WLFI price during the past month. As of Saturday, WLFI is traded at $ 0.2049, an increase of more than 6 % during the past day, according to Coingecko. The symbol is still more than 38 % of its highest level ever.
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The WLFI burning plan acquires approval
The strategy of burning a distinctive symbol from the governance voting stems earlier this month, where 99 % of WLFI holders agreed The proposal. Under the plan, the fees created from the WLFI liquidity pools should be used in the symbolic recycling, which are permanently removed from the blood circulation across the burns.
According to the WLFI team, this mechanism It aims to reduce the total offer Reducing the pressure on the pressure. The project explained that only the fees of WLFI liquidity are listed in this process. Community liquidity pools and external parties are excluded.
Some of Onsin melts forecast The program can burn 4 million WLFI per day, or nearly 2 % of the offer annually. However, the exact burning numbers are still unclear.
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The Trump WLFI family is worth $ 5 billion
As Cointelegraph, an entity associated with former US President Donald Trump and his family It controls about 5 billion dollars WLFI value after 24.6 billion -billion openings earlier this month.
The company’s website is narrated on the DT MARKS Defi LLC and Trump family members, including Donald JR. And Barron and Eric, as the first holders of 22.5 billion WLFI, with the price increasing for a short period to $ 0.40 before declining to about $ 0.21.
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