HYPE Token Burn Confirmation: 85% Stake Voting Approved, Total Supply Permanently Adjusted

2025-12-24 12:40:10

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【Crypto World】Important progress has been made in the HYPE ecosystem. The HYPE tokens in the aid fund address 0xfefe have been permanently burned — this burn was supported by over 85% of the stake-weighted validator votes. After the burn, these tokens have been officially removed from the total supply and circulating supply.

This move directly alleviates market concerns about the re-circulation of tokens. Previously, investors were inevitably worried about when these fund tokens would enter the market, but now this uncertainty has been completely resolved. At the same time, the supply structure has become more transparent, allowing investors to see a clearer picture of HYPE’s actual circulation and economic model. The high level of consensus achieved through stake voting also reflects the community’s strong support for this decision.

HYPE1.67%

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AllInDaddy

· 8h ago

85% of votes approved the burn, now there's no need to worry about market dumps anymore, so satisfying.

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TokenTaxonomist

· 9h ago

85% consensus on chain burns? statistically speaking, that's actually just mob rule with extra steps. per my analysis, true decentralization would require... well, let me pull up my spreadsheet first

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MetaverseLandlady