Post #11374

Hyper Foundation proposes $1B HYPE Token Burn Hyper Foundation initiated a governance proposal asking network validators formally “burn” the HYPE tokens held in the Hyperliquid Assistance Fund and remove them from both circulating and total supply figures. Under the plan, validators are asked to treat the roughly 37.1M HYPE tokens worth of $1.02B accumulated in the Assistance Fund as irretrievable and effectively burned. 🔗x.com/HyperFND/status/2001127850754367525 Follow us to be on top of crypto: TG | Chat | X