Based on Blockbeats, on December 26, the Hyperliquid Foundation announced that the HYPE tokens in the aid fund system address have been officially destroyed, accounting for 11.068% of the circulating supply. The governance vote used a staking-weighted consensus mechanism, with 85% of the staked votes supporting the destruction, 7% opposing, and 8% abstaining.
Hyperliquid Foundation Announces Permanent Destruction of 11.068% Circulating HYPE Supply
KuCoinFlashShare
Summary
Hyperliquid Foundation permanently destroyed 11.068% of the circulating HYPE supply on December 26, according to on-chain data. The tokens in the aid fund system address were burned after a governance vote passed with 85% staked support. On-chain analysis shows 7% of votes opposed the move, while 8% abstained.
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