WLFI team repurchased and burned 6.923 million tokens worth $1.47 million

BlockBeats News, September 27, according to monitoring by EmberCN, WLFI purchased 3.814 million WLFI on-chain with 798,000 USDT five hours ago at a price of $0.21. Then, they burned 6.923 million WLFI (worth $1.47 million).

“Of the 6.923 million WLFI burned, 3.814 million were just purchased, and the remaining 3.109 million WLFI were protocol fee income.”

As previously reported by BlockBeats, on September 26, the official WLFI team announced that the community had voted to use 100% of WLFI treasury liquidity fees for buyback and burn, with the proposal passing almost unanimously. The team will begin implementing this plan this week, and all buyback and burn operations will be transparently disclosed after completion.