The Hyperliquid community is currently engaged in a heated debate over the HIP-5 proposal, which suggests the creation of a secondary assistance fund. This fund would allocate up to 5% of protocol fees to buy back tokens from ecosystem projects. Supporters of the proposal believe it will incentivize builders and enhance HYPE governance by providing additional resources to promising projects.
However, critics of HIP-5 express concerns about the potential for misuse and the risk of centralization. They argue that the proposal could lead to an uneven distribution of resources and power within the ecosystem, potentially undermining the decentralized nature of the platform. The community remains divided as discussions continue on the best path forward for Hyperliquid.
Hyperliquid HIP-5 Proposal Divides Community Over Fund Allocation
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