Citing Bitjie, Jon Charbonneau and Hasu have proposed reducing the HYPE token supply by over 45% to optimize Hyperliquid's financial structure. The proposal includes revoking unissued tokens and removing the 1 billion supply cap, aiming to stabilize token value and boost investor confidence while protecting existing holders' rights. HYPE is currently trading at $46.13, down 7.30% on the day as the market evaluates the structural changes.
HYPE Token Supply to Drop 45% Under New Proposal
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