BlockBeats news: On January 20, Hyperliquid's ecosystem lending protocol Hyperlend announced its upcoming Token Generation Event (TGE), launching the HPL token. Shortly after the TGE concludes, staking and locking features will be launched. The total token supply has not yet been disclosed, with the token economics as follows:
30.14% is allocated to ecosystem growth and incentives;
25% for genesis allocation;
22.5% is allocated to core contributors;
17.36% is allocated to strategic investors;
5% for liquidity.
