Burn 50% to reduce Total Supply

General
1

:scroll: Proposal: Implementation of a Burning Mechanism to Reduce WLFI Total Supply

Proposal Title: Introduction of WLFI Token Burn to Reduce Total Supply by 50%

Submitted by: Willhard
**24/07/2025
Target Audience: WLFI Governance Community / Core Developers

:small_blue_diamond: Summary

This proposal recommends the introduction of a burning mechanism to reduce WLFI’s total supply from 100 billion tokens to 50 billion, thereby aiming to increase token scarcity and improve its long-term price potential.

:small_blue_diamond: Background

WLFI currently has a total supply of 100 billion tokens, which may present a challenge to price appreciation and perceived value in the open market. Many DeFi and governance tokens have implemented supply reduction mechanisms to:

  • Increase scarcity
  • Improve investor confidence
  • Support healthier tokenomics
  • Align long-term holder incentives

:small_blue_diamond: Proposal Details

We propose to:

  1. Implement a deflationary mechanism that burns 50% of the total WLFI supply, reducing it from 100B to 50B tokens.
  2. The burn can be executed through:
  • A one-time manual burn from team-held or treasury tokens, OR
  • An ongoing smart contract mechanism (e.g., % burn per transaction, staking penalty burn).
  1. Update tokenomics and whitepaper to reflect new supply structure.

:small_blue_diamond: Expected Benefits

  • Scarcity effect: Reduced supply enhances token value perception.
  • Price support: Improved market dynamics through lower circulating availability.
  • Community trust: Shows commitment to sustainable growth and price stability.
  • Competitive positioning: Aligns WLFI with other successful projects that have deflationary models (e.g., BNB, SHIB).

:small_blue_diamond: Implementation Suggestions

  • Conduct a community vote to approve the burn.
  • Identify the token pool to be burned (e.g., from treasury, vesting wallets).
  • Execute transparent and on-chain burn with transaction hash.
  • Announce publicly with updated documentation and roadmap.

:small_blue_diamond: Closing Statement

Reducing the WLFI total supply via a structured burning mechanism will significantly enhance the token’s economic appeal and price growth potential. This proposal aligns with the best practices of successful DeFi projects and ensures a healthier ecosystem for all WLFI stakeholders.

16 Likes