World Liberty Financial says it will buy back WLFI tokens using funds including fees tied to USD1 stablecoin reserves, without giving an amount, timetable or burn commitment. USD1's circulating supply is about $3.63bn, down from roughly $4.43bn in late September and a peak of about $5.39bn in February.
World Liberty Financial to buy back WLFI tokens as USD1 supply falls to $3.63bn
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The story so far: World Liberty Financial WLFI token buyback
World Liberty Financial said it would start a WLFI token buyback funded initially from USD1 reserve fee income and other sources, aiming to boost governance participation and long-term holders' voting weight. It now says it will buy back WLFI using funds including USD1 reserve fees, without giving an amount, timetable…
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World Liberty Financial to buy back WLFI tokens as USD1 supply falls to $3.63bn
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