In the fast-paced world of crypto, where meme tokens can skyrocket or plummet overnight, World Liberty Financial (WLFI) is making headlines with its aggressive token management strategy. Backed by former President Donald Trump, WLFI is a DeFi project aiming to blend finance with liberty-themed branding. Recently, on-chain sleuths at Lookonchain spotlighted some intriguing activity: the project has been repurchasing and burning millions of its native $WLFI tokens.

According to the tweet from @lookonchain, WLFI has repurchased about 6.04 million $WLFI tokens worth $1.06 million and burned 7.89 million tokens valued at $1.43 million. This comes on the heels of a governance-approved buyback-and-burn program, where 100% of treasury liquidity fees are funneled into reducing the token supply. The goal? To counteract price drops and potentially drive up value for holders by making the token scarcer.

Let's break it down simply. A "token burn" means permanently removing tokens from circulation—think of it as shredding money to make the remaining bills more valuable. WLFI collected fees totaling around $1.01 million in $WLFI and another $1.06 million in other assets across Solana, Binance Smart Chain (BSC), and Ethereum. They then used that $1.06 million to buy back tokens from the market before burning most of them. Interestingly, about 3.06 million $WLFI (worth $638K) remains unburned on Solana, which could be for future operations or liquidity.

This screenshot from Arkham Intelligence highlights transactions on Solana, involving DEXs like Jupiter Aggregator, Meteora, and Raydium. You can see inflows and outflows in USDI and WLFI, with significant swaps happening just hours ago.

Moving to Ethereum, the activity shows involvement with protocols like Cow Protocol, Uniswap V3 pools, and Chainlink. One standout is a large transfer to a Gnosis Safe, followed by settlements and locks.

Here, we see more Ethereum action, including a highlighted burn of over 6.92 million WLFI to a null address—that's the burn in action, removing tokens forever.

On BSC, the pattern continues with ParaSwap and a burn to a mint token pool, clocking in at nearly 968K WLFI.

Why does this matter for meme token enthusiasts? WLFI launched in early September 2025 but quickly faced a 58% price plunge. Earlier burns, like the 47 million tokens torched on September 3, aimed to stabilize things, but the market remained volatile. This new buyback program, approved with overwhelming governance support (99.48%), redirects all fees to buy and burn, which could signal long-term commitment from the team. It's a classic move in crypto to build trust and hype, especially for a project with political ties that attract both fans and skeptics.

If you're holding or eyeing $WLFI, keep an eye on platforms like CoinMarketCap for real-time prices. And remember, in the meme token space, on-chain transparency tools like Arkham and Lookonchain are your best friends for spotting these moves early.

As always, this isn't financial advice—DYOR (do your own research) before diving in. What's your take on WLFI's strategy? Could this turn the tide for Trump-backed crypto?