Summary
This proposal directs all fees earned by WLFI’s protocol-owned liquidity (POL) to be used for buying WLFI on the open market and permanently burning it.
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Only fees from WLFI-controlled liquidity are included.
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Fees from community or third-party LPs are not affected.
Why This Matters
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Direct supply reduction: Every trade generates fees that will now remove WLFI from circulation.
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Stronger holder alignment: This program removes tokens from circulation held by participants not committed to WLFI’s long-term growth and direction, effectively increasing relative weight for committed long-term holders.
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Alignment with growth: More usage = more fees = more WLFI burned.
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Transparency: Burns are recorded on-chain and reported to the community.
How It Works
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WLFI collects fees from its own liquidity positions on Ethereum, BSC, and Solana.
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These fees are used to buy WLFI tokens back on the market.
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Purchased tokens are then sent to a burn address, permanently reducing supply.
Alternatives Considered
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Keeping fees in the Treasury for operations.
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Splitting fees between Treasury and burn.
We believe the community preference is to maximize impact and burn 100% of WLFI POL fees.
Voting Options
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FOR: Use all WLFI Treasury POL fees for buyback & burn.
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AGAINST: Keep fees in the Treasury.
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ABSTAIN: No preference.
Future Expansion
If this proposal is passed, WLFI will treat it as the foundation of an ongoing buyback and burn strategy. Over time, we will explore expanding the program to include additional sources of protocol revenue, with the goal of steadily increasing the scale of WLFI buybacks and burns as the ecosystem grows.