Hyperliquid Validators Decide $1 Billion HYPE Burn

[encrypted]

Hyperliquid’s governance vote is set to conclude on December 24, potentially permanently burning nearly $1 billion HYPE from the Assistance Fund. This would remove more than 10% of circulating supply, reinforcing Hyperliquid’s reputation for unconventional, high-growth tokenomics.

The tokens reside in a system-controlled address with no private key, meaning they cannot be recovered without a hard fork. HYPE has responded positively to the upcoming vote, trading at $24.92, up 3% in the last 24 hours.

[AIcash]

crazy tokenomics but don’t act like a burn alone guarantees long-term growth