As per Coinrise, DBA Asset Management has proposed a 45% reduction in the total supply of HYPE, the governance token of decentralized derivatives exchange Hyperliquid. The plan includes revoking future token emissions, burning tokens in the Assistance Fund, and removing the 1 billion supply cap. The proposal, co-authored with crypto researcher Hasu, aims to correct market mispricing and attract more investors. The move has sparked debate, with some supporting the change and others warning it could hinder growth incentives.
Hyperliquid Proposes 45% Token Supply Cut to Boost Investor Confidence
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