
The HYPE token has risen over 600% since its launch, pushing the total value of the airdrop to $7.5 billion.
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The layer-1 chain needs more than a successful perpetuals exchange to justify the HYPE token’s lofty valuation, according to the asset manager.
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Hyperliquid has seen over $256 million in net outflows as security experts revealed that North Korean threat actors had been trading on the platform.
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AUGUST 28, 2019 – The HYPE Project (https://hypetoken.io) has announced the end of its initial distribution phase and has officially began its social tokenomics experiment built on the Ethereum blockchain. This free-for-all experiment, created to test the crowd’s ability to collectively control and manage a token’s supply, allows users to vote for the token’s inflation and deflation rates monthly. All HYPE token holders are eligible to vote by freezing their tokens through the HYPE decentralized application (dApp) available for use with MetaMask, Trust, and Coinbase Wallet. Users can increase their voting weights and receive daily rewards by freezing their HYPE
The post HYPE Token Officially Begins Its Social Tokenomics Experiment appeared first on The Merkle Hash.
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