The Hyperliquid Foundation announced that it has permanently burned 11.068% of the circulating HYPE token supply.

According to ChainCatcher, the Hyperliquid Foundation announced that HYPE tokens held in the aid fund system address have been officially burned, representing 11.068% of the circulating supply. This governance vote used a consensus mechanism calculated based on staking weight, with 85% of staking votes supporting the burn; 7% opposing; and 8% abstaining.

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