Hyper Foundation has announced a $10 million grant initiative to support developers impacted by the USDH wind-down, facilitating migration and ecosystem transition. The funding targets HIP-1 and HIP-3 deployment parties, HyperEVM protocols, and other ecosystem participants, with specific grants for migration and exit strategies. Migration grants are designed for teams shifting USDH-related operations to USDC, while exit grants are for those ceasing USDH activities, with incentives favoring migration. All transitions must be completed by the end of July. USDH holders can convert assets to USDC via provided no-fee channels, ensuring a smooth transition.
Hyper Foundation Allocates $10 Million for USDH Exit Migration
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