World Liberty Names Aster as Platform for Planned WLFI Buybacks

World Liberty Financial has named Aster as the platform for planned buybacks of its World Liberty Financial (WLFI) governance token and disclosed a BNB Chain wallet for tracking activity, adding an execution route while leaving the program’s size and timing open.

The Nov. 9 disclosure adds execution details to the buyback plan announced Nov. 5. World Liberty identified 0x0f5d119dC9b3AF846155Ee9b6F4fe184b231BB17 as the wallet for purchases on Aster. “Buybacks will be executed on Aster through this wallet,” the company said.

The Nov. 5 announcement, posted at 8:30 p.m. ET (Nov. 6 at 01:30 UTC), said fees earned from USD1 reserves could be included in an initial allocation. USD1 is World Liberty’s stablecoin. The announcement set no purchase budget or schedule.

The later update addressed how much of the stablecoin business’s revenue might be available. “A substantial portion of USD1 gross revenue is paid to partners and service providers,” World Liberty said. Partner payments, direct costs and other obligations would reduce any USD1-related funds available for buybacks. The company has not disclosed how much, if any, of those fees it will allocate to purchases.

World Liberty said the timing and size of buybacks will depend on available resources and other considerations. It may modify or discontinue the purchases. The wallet provides a public address for tracking activity, but the company has not specified what it will do with any WLFI acquired under the program.

WLFI gives holders a role in protocol governance, but it is not company equity or a financial interest in the business. A separate 2025 governance proposal called for using 100% of fees from protocol-owned liquidity to buy and burn WLFI. The current program does not include an equivalent commitment to burn tokens, which would remove them from circulation.