Overview
- More than 99% of cast votes support the measure, with turnout already above quorum, and the ballot remains open until Sept. 18.
- Under the proposal, 100% of fees from WLFI-controlled liquidity are used to buy tokens on the open market and send them to burn addresses, with manual execution and on-chain proofs.
- Fees from partner or community liquidity providers are excluded from the mechanism despite the program’s multi-chain scope.
- WLFI trades around $0.20 after a steep post-launch slide, and an earlier 47 million-token treasury burn did not produce a sustained rebound.
- Governance records show two whale addresses supplied over 56% of the 'Yes' votes, and analysts warn upcoming unlocks and concentrated power could blunt deflationary effects.