PANews reported on September 23rd that Jon Charbonneau, co-founder of DBA (a large position holder), and Hasu, head of strategy at Flashbots, proposed revoking the Future Community Rewards (FECR) authorization to issue unissued HYPE tokens, destroying all HYPE tokens held and subsequently acquired by the Assistance Fund (AF), and removing the maximum supply cap of HYPE tokens at 1 billion. This proposal would immediately reduce the total HYPE supply by over 45% and optimize the protocol's financial structure without impacting the rights of existing token holders or the protocol's ability to fund its operations.PANews reported on September 23rd that Jon Charbonneau, co-founder of DBA (a large position holder), and Hasu, head of strategy at Flashbots, proposed revoking the Future Community Rewards (FECR) authorization to issue unissued HYPE tokens, destroying all HYPE tokens held and subsequently acquired by the Assistance Fund (AF), and removing the maximum supply cap of HYPE tokens at 1 billion. This proposal would immediately reduce the total HYPE supply by over 45% and optimize the protocol's financial structure without impacting the rights of existing token holders or the protocol's ability to fund its operations.
Hyperliquid Community Proposes 45% Cut in Total HYPE Supply
PANews reported on September 23rd that Jon Charbonneau, co-founder of DBA (a large position holder), and Hasu, head of strategy at Flashbots, proposed revoking the Future Community Rewards (FECR) authorization to issue unissued HYPE tokens, destroying all HYPE tokens held and subsequently acquired by the Assistance Fund (AF), and removing the maximum supply cap of HYPE tokens at 1 billion. This proposal would immediately reduce the total HYPE supply by over 45% and optimize the protocol's financial structure without impacting the rights of existing token holders or the protocol's ability to fund its operations.
Market Opportunity
Hyperliquid Price(HYPE)
$21,57
$21,57$21,57
USD
Hyperliquid (HYPE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Sonami Token Ön Satışı S Staking Ödülleriyle Başladı, Solana Katman-2 Ağ Vizyonunu Güçlendiriyor
Sonami ($SNMI), Sonami Token ön satışının başlatıldığını duyurarak, destekçilerine Solana ekosisteminde performansı, kullanılabilirliği ve likiditeyi genişletmek
Share
Coinstats2026/01/21 21:50
XRP Price Forecast as Binance Lists Ripples’s $RLUSD Stablecoin
The post XRP Price Forecast as Binance Lists Ripples’s $RLUSD Stablecoin appeared on BitcoinEthereumNews.com. XRP price continues to operate within a market structure
Share
BitcoinEthereumNews2026/01/21 22:38
Top Crypto Gainers Today: BlockchainFX ($BFX), DASH, ZRO and ICP See Increased Participation
Weekly performance data shows capital rotating toward platforms with real usage, scalable products, and clear execution timelines, setting the stage […] The post
Share
Coindoo2026/01/21 21:48