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The Hyper Foundation is proposing a validator vote to formally recognize the Assistance Fund HYPE as burned
more info (x.com/i/status/200...)
Hyper Foundation
@HyperFND
24d
The Hyper Foundation is proposing a validator vote to formally recognize the Assistance Fund HYPE as burned, removing the tokens permanently from the circulating and total supply.
For context, the Assistance Fund converts trading fees to HYPE in a fully automated manner as part
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Jump Crypto just staked 500K HYPE ($14.9M), enough to qualify for the highest staking discount (500K HYPE / 40%).
This likely means they’ll start market-making on Hyperliquid soon.
hypurrscan.io/address/0xc3...
hypurrscan.io/address/0xb8......
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Hyperliquid will introduce portfolio margin in an upcoming network upgrade!
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