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Hyperliquid Airdrop will be launched tomorrow, with a total supply of 10 billion HYPE tokens
CoinVoice has recently learned that the Genesis event of the native token HYPE of the decentralized derivatives trading platform Hyperliquid will be launched at 15:30 Beijing time on November 29th.
The Maximum Supply of HYPE is 1 billion, distributed as follows: 38.888% for future emissions and community rewards; 31.0% allocated to Genesis allocation; 23.8% allocated to current and future core contributors; 6.0% for the Super Foundation budget; 0.3% for community subsidies; 0.012% allocated to HIP-2.
Token will be issuance over time, with 76.2% allocated to the community. Qualified participants in the Genesis event will receive 310 million Tokens, which will be fully unlocked. Undistributed Tokens will be transferred to future issuance and community rewards. 60 million HYPE tokens are allocated to the Hyper Foundation budget, 300 HYPE tokens are allocated to grants, and 120,000 HYPE tokens are allocated to Hyperliquidity (HIP-2). 388,880,000 unminted HYPE tokens are reserved for future issuance and community rewards. [Original Text Link]