#美联储回购协议计划 Hyperliquid community voting has been finalized. Yesterday's governance vote passed with an 85% approval rate, deciding to permanently burn approximately 11.07% of the $HYPE circulating supply. The official has confirmed this result.
Token burning is not a new practice in the crypto ecosystem, but burning over 10% of the circulating supply at once? This can indeed change market expectations. Generally speaking, a reduction in circulating supply implies increased scarcity, and with such high community participation and consensus, the long-term sentiment for $HYPE has been truly ignited. From the supply side, this kind of reduction often makes holders feel optimistic—not necessarily that the price will rise, but that this governance approach shows the project and community are seriously considering the token's long-term value.
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ZenChainWalker
· 4h ago
Destroying so much? It directly maximizes expectations. With such strong community consensus, what is there to fear?
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DeFi_Dad_Jokes
· 13h ago
Damn, a one-time burn of 11%. That's a bold move. But an 85% approval rate shows the community has truly reached a consensus, and that's the key.
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DataChief
· 13h ago
Wow, 11% burned in one go. The community consensus is really strong; an 85% approval rate directly explains the issue.
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ETH_Maxi_Taxi
· 13h ago
Destroying over 10% of the circulating supply, this move is indeed aggressive, and such high community consensus is quite rare.
But will it really increase the price? Let's wait and see.
If this wave is just hype, the tactics are still the old tricks.
11%? If it can truly sustain the price, that would be impressive.
I believe in Hyperliquid's governance approach, which is much better than some projects.
Wait, could this be just a prelude to a K-line scam...
An 85% approval rate is indeed quite high; the community's recognition is well done.
Destroying ≠ price increase, don't get caught being "cut the leeks," everyone.
Real and serious reduction operations, at least the attitude is genuine.
With less circulating supply, could liquidity become a problem?
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BrokenRugs
· 13h ago
11% direct burn, this move is really ruthless, but it depends on how things develop afterward...
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SellTheBounce
· 13h ago
I've heard the argument about destroying circulating supply too many times. Every time, they say it increases scarcity. But what happens? When there's a rebound, you should sell. Don't be fooled by these governance stories.
#美联储回购协议计划 Hyperliquid community voting has been finalized. Yesterday's governance vote passed with an 85% approval rate, deciding to permanently burn approximately 11.07% of the $HYPE circulating supply. The official has confirmed this result.
Token burning is not a new practice in the crypto ecosystem, but burning over 10% of the circulating supply at once? This can indeed change market expectations. Generally speaking, a reduction in circulating supply implies increased scarcity, and with such high community participation and consensus, the long-term sentiment for $HYPE has been truly ignited. From the supply side, this kind of reduction often makes holders feel optimistic—not necessarily that the price will rise, but that this governance approach shows the project and community are seriously considering the token's long-term value.