According to official announcements, the Hyperliquid Foundation (@HyperFND) confirmed that the $HYPE tokens held in the foundation’s assistance fund system address have been permanently burned, accounting for 11.068% of the circulating supply.
🗳 The governance vote was conducted using a stake-weighted consensus mechanism, with the results as follows:
• 85% voted in favor of the burn
• 7% voted against
• 8% abstained
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HYPERLIQUID FOUNDATION PERMANENTLY BURNS 11.068% OF CIRCULATING $HYPE SUPPLY
According to official announcements, the Hyperliquid Foundation (@HyperFND) confirmed that the $HYPE tokens held in the foundation’s assistance fund system address have been permanently burned, accounting for 11.068% of the circulating supply. 🗳 The governance vote was conducted using a stake-weighted consensus mechanism, with the results as follows: • 85% voted in favor of the burn • 7% voted against • 8% abstained
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