• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

HYPE Token Distribution: A New Milestone for Hyperliquid

user avatar

by Giorgi Kostiuk

2 years ago


Hyper Foundation announced plans to distribute HYPE tokens to Hyperliquid users in preparation for the HyperEVM mainnet launch. This generated considerable excitement.

HYPE Token Overview

The HYPE token will play a central role in HyperBFT and HyperEVM's proof-of-stake consensus. It will be utilized in various developmental stages. Token distribution includes eligibility for receiving tokens and the option to acquire Hypurr NFTs.

Community-Focused Fee Distribution

The platform's collected fees are directed to the Hyperliquid pool and insurance fund, promoting ecosystem benefits from trading activities. The reward system encourages user participation.

Future Developments and Plans

Details for HYPE token distribution will be announced later. Increasing daily trading volume and community-centered projects indicate ecosystem strengthening.

The launch of the HYPE token by Hyper Foundation contributes to the growth of the Hyperliquid ecosystem, providing new opportunities for users.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Morgan Stanley Boosts Apple Stock Rating

chest

Morgan Stanley has reiterated its buy rating on Apple stock, raising the price target to $364.

user avatarKofi Adjeman

Apple Achieves Historic $5 Trillion Market Cap

chest

Apple Inc. has made history by surpassing a market capitalization of $5 trillion for the first time, overtaking AI giant Nvidia.

user avatarSatoshi Nakamura

Apple to Launch New Smart Home Products

chest

Apple is set to launch a Siri AI-powered home hub alongside refreshed Apple TV and HomePod mini, challenging Amazon's Echo and Google's Nest.

user avatarNguyen Van Long

SK Hynix Stock Falls Below IPO Price Amid Sector Downturn

chest

SK Hynix's stock has dropped below its IPO price amid a downturn in the semiconductor sector, presenting a potential buying opportunity.

user avatarJesper Sørensen

SparkKitty Malware Campaign Exposed by Check Point

chest

A report from Check Point reveals the SparkKitty malware campaign targeting cryptocurrency users by scanning photos on infected devices for sensitive information.

user avatarRajesh Kumar

Shiba Inu Token Experiences Remarkable 22% Surge

chest

Shiba Inu has experienced a significant price increase of nearly 22% in just one week, marking a notable change after a long period of stagnation.

user avatarFilippo Romano

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.