The Hyper Foundation has confirmed the burning of HYPE tokens held by its aid fund, following a community governance vote. The vote, which saw 85% in favor, 7% against, and 8% abstaining, officially designated the tokens at address 0xfefef…fefe for permanent removal from circulation and total supply. This decision aligns with the foundation's earlier proposal to destroy these tokens, effectively reducing the overall supply of HYPE.
Hyper Foundation Confirms HYPE Token Burn Following Governance Vote
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