Overview
- Under the governance proposal, all protocol-owned liquidity fees would fund open‑market WLFI purchases that are immediately burned.
- The plan shifts away from mixed treasury uses by dedicating the entire fee stream to buybacks rather than operations or reserves.
- The framework is posted on the WLFI forum for discussion, and a formal vote would follow only if the community advances it.
- The timetable outlined in the documents sets measurement of fee revenues for 2026 before activating the mechanism in 2027.
- Context for the move includes sharp launch swings and on-chain activity—WLFI jumped about 130% before dropping roughly 50%, with reported DEX volume near $128 million—alongside concentrated holdings such as Justin Sun’s partial unlock and a high top‑wallet share.