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World Liberty Financial completes first $1 million WLFI token buyback

World Liberty Financial has executed its first $1 million token buyback on-chain, purchasing roughly 21 million WLFI tokens on decentralized exchange Aster in under 72 hours.

Golden eagle emblem and 'WORLD LIBERTY' text on a dark background.
Image: @Cointelegraph

World Liberty Financial has completed its first token buyback on-chain, purchasing approximately 21 million WLFI tokens valued at $1 million in less than 72 hours, according to reports from BSCN, crypto.news, and Cointelegraph. The transactions were conducted on decentralized exchange Aster and are verifiable on-chain, representing the project's first reported execution under its buyback initiative.[1][2][3]

The repurchased tokens landed in World Liberty Financial's public BNB Chain buyback wallet on Wednesday. That same wallet transferred $10 million in USD1 to Aster the week prior, ten times the amount spent on the buyback so far. World Liberty Financial stated that the program is intended to shift more voting power to long-term token holders.[1]

Key facts

  • World Liberty Financial executed its first $1 million token buyback on-chain in under 72 hours.
  • The project purchased approximately 21 million WLFI tokens on decentralized exchange Aster.
  • The repurchased WLFI tokens were deposited into the project's public BNB Chain buyback wallet on Wednesday.
  • The buyback wallet previously sent $10 million in USD1 to Aster the week before the purchases.
  • World Liberty Financial stated the buyback program is designed to direct more voting power to long-term holders.

Sources · 3 sources

  1. BS

    BSCN@BSCNewsPost on X ·

    World Liberty Financial puts its first $1M buyback on-chain @worldlibertyfi bought about 21 million $WLFI on @Aster_DEX in less than 72 hours. The tokens landed in its public @BNBCHAIN buyback wallet on Wednesday. The same wallet sent $10M in $USD1 to Aster last week, ten times the amount spent so far. World Liberty says the program is meant to shift more voting power to long-term holders.

    Open source
  2. CN

    crypto.news@cryptodotnewsPost on X ·

    JUST IN: World Liberty Financial has completed its first $1M token buyback The $WLFI purchases, which took place in under 72 hours, are verifiable on-chain, marking the project's first reported execution under its token buyback program. https://t.co/f6hx1JVy0f

    Open source
  3. CO

    Cointelegraph@CointelegraphPost on X ·

    ⚡️ NEW: World Liberty Financial (WLFI) has executed its first $1 million in token buybacks in less than 72 hours, with transactions verifiable onchain. https://t.co/UPabxjLsmW

    Open source