💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
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📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
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WLFI New Proposal: It is proposed to use all fees generated from self-owned Liquidity to repurchase and destroy WLFI on the open market.
On September 12, World Liberty Financial released a new proposal that requires all fees generated from the proprietary liquidity (POL) of the WLFI protocol to be used for open market repurchases of WLFI and implement permanent destruction. It is reported that the "proprietary liquidity" refers to the fees generated solely from the liquidity controlled by WLFI, while the fees from community and third-party liquidity providers (LP) are not affected. In simple terms, this means that WLFI officially collects fees generated from its proprietary liquidity positions on Ethereum, BSC, and Solana blockchains, and these fees are used to repurchase WLFI tokens in the market, with the repurchased tokens transferred to a burn address for permanent supply reduction. The officials stated that if this proposal is passed, WLFI will use this as the basis for a continuous repurchase and destruction strategy. As the ecosystem develops, we will explore incorporating revenue sources from other protocols into this plan, gradually expanding the scale of WLFI repurchase and destruction.