World Liberty Financial burns 6.92 million WLFI in buyback program

World Liberty Financial (WLFI), a DeFi project led by the Trump family, announced on X the progress of its token burn initiative. The project stated that it burned 3,109,320 WLFI generated from Ethereum and BSC protocol fees. It also bought back and burned an additional 3,814,095 WLFI from the open market using USD1, USDC, and USDT. The buyback was conducted at an average price of around $0.2093 per token, bringing the total number of tokens burned to 6,923,416 WLFI. This follows World Liberty's earlier announcement that it would begin its buyback and burn program this week.