Key TakeawaysThe initiative came after WLFI collected just over $1.06 million in fees and liquidity from its supported blockchains. As per Lookonchain data, the team repurchased 6.04 million WLFI across Ethereum, Solana, and BNB Smart Chain, then removed 7.89 million tokens from circulation. World Liberty Financial (WLFI)–US President Donald Trump-affiliated crypto venture–has executed a large-scale token burn following a community-approved buyback program. As per Lookonchain data, WLFI burns $1.43 million worth of tokens after governance-backed buyback data, the team repurchased 6.04 million WLFI across Ethereum, Solana, and BNB Smart Chain, then removed 7.89 million tokens from circulation. The burn represents a value of approximately $1.43 million at current prices.The initiative came after WLFI collected just over $1.06 million in fees and liquidity from its supported blockchains. These proceeds were redirected into token buybacks before being sent to burn addresses on Ethereum and BNB Smart Chain. Lookonchain, a blockchain analytics account, shared transaction details showing the permanent reduction of supply. Roughly 3.06 million WLFI, valued near $638,000, remains on Solana awaiting removal under the same plan.WLFI(@worldlibertyfi) has repurchased 6.04M $WLFI ($1.06M) and burned 7.89M $WLFI ($1.43M).They collected 4.91M $WLFI($1.01M) and $1.06M in fees on Solana, BSC, and Ethereum, then spent $1.06M to buy 6.04M $WLFI.They later burned 7.89M $WLFI ($1.43M) on BSC and Ethereum,… pic.twitter.com/UTWpsseAPw— Lookonchain (@lookonchain) September 27, 2025The decision to adopt a buyback-and-burn model originated in a governance vote on September 26, where nearly 99% of participating holders supported the measure. Under the arrangement, fees generated from WLFI-managed liquidity pools are earmarked for token repurchases. Once acquired, those tokens are permanently destroyed. The framework excludes liquidity pools not directly operated by the project.The WLFI team described the burn mechanism as a way to ease market pressures and strengthen token economics by curbing supply growth. “This approach reduces circulating supply and mitigates selling pressure,” the project said in a statement, adding that its focus remains on WLFI-governed liquidity channels. Projects often remove tokens from circulation in bulk as a means to reduce supply, increase scarcity, and potentially support token value.The announcement follows a difficult month for the token. WLFI’s price has dropped by more than 33% over the past 30 days and remains 38% below its peak, according to CoinGecko. Still, the asset showed a modest rebound in the last 24 hours, trading at $0.2049 on Saturday — up more than 6%.The latest development comes days after leading South Korean crypto exchange Bithumb signed a strategic partnership with WLFI, reflective of the firm’s goals to expand.When will Solana Reclaim $200: Solana Next TargetBinance’s Net Withdrawals Reach $3.6 Billion In The Past Week: ReportDeFi vs TradFi Lending, Benefits and RisksWhere and How to Buy CHR (Chromia Token)?