The Token Wlfi of World Liberty Financial was launched on September 1 after months in advance, and the debut quickly caught attention throughout the cryptography market.
According to Coinglase data, the WLFI derivative activity increased more than $ 13 billion in its first 24 hours, placing it only behind Bitcoin, Ethereum and Solana.
In particular, that volume is almost double that of XRP, the third largest cryptographic asset for market capitalization.
This highlights the level of speculative demand around the new digital asset related to Donald Trump.
In addition, its timely negotiation volume during the period reached $ 4.7 billion, placing it among the 10 most quoted digital assets.
Meanwhile, the intensity of commercial activities had a cost as Wlfi’s value fell more than 14%, falling from approximately $ 0.33 to $ 0.24 at the time of publication.
Coinglase data showed that this setback activated approximately $ 30 million in merchant losses.
WLFI repurchase proposal
The launch coincided with a proposal by World Liberty Financial that could define the long -term trajectory of WLFI.
The team presented a plan on September 1 to wear liquidity rates owned by the protocol (POL) to buy WLFI of the open market and permanently burn those chips. The rates generated by independent liquidity suppliers would remain outside the program.
According to the proposal, the POL rates of the liquidity pools in Ethereum, BSC and Solana would be collected and redirected to the burning directions, reducing the circulating supply over time.
The project representatives said that the initiative rewards the holders committed by increasing their relative participation, since speculative tokens are eliminated from circulation.
The members of the WLFI community will soon vote if they will approve the repurchase and burning strategy will reject it in favor of keeping the treasures in the treasure.
If approved, the measure would establish a framework for recurring supply reductions and then expand to include other protocol income flows.
