BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Hyperliquid Proposes 45% Token Supply Cut to Revamp HYPE Economics
Hyperliquid Proposes 45% Token Supply Cut to Revamp HYPE Economics
21
3
BTCCSquare news:
DBA Asset Management has tabled a radical proposal to slash the total supply of Hyperliquid's HYPE token by 45%, targeting 421 million tokens for revocation. The move aims to correct market mispricing and streamline valuation metrics after HYPE's 22% retreat from its $59.30 peak.
The three-pronged plan would eliminate unminted tokens earmarked for future emissions, incinerate reserves in the Hyperliquid Assistance Fund, and abolish the 1 billion supply cap. These changes coincide with heightened platform activity following USDH stablecoin's launch.
By:
