Hyper Foundation Seeks Validator Vote to Burn Assistance Fund HYPE Tokens

According to Hyperliquid Foundation’s official statement on December 26, 11.068% of circulating HYPE tokens in the aid fund system address were permanently burned following a stake-weighted governance vote. The vote saw 85% in favor, 7% against, and 8% abstaining. This action removes the tokens from total and circulating supply, solidifying their prior inaccessibility and reinforcing the protocol’s scarcity and integrity.

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