HyperFND is moving forward with a validator vote to officially recognize the Assistance Fund HYPE tokens as permanently burned. If approved, this action would remove those tokens from both the circulating and total supply—a significant move for the project's tokenomics. This type of governance mechanism reflects how decentralized projects manage their token economy through community validation.
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LayerZeroJunkie
· 12h ago
Token burning sounds good, but can it really affect the price? Feels like all just tricks
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Permanent burning? Alright, just pretend it’s not happening, I’m used to it
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Haha, community voting to decide on burning, this feels so familiar... Every time they say it’s good for tokenomics, but what’s the result?
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Wait, the tokens from the Assistance Fund have been burned? What about the promises made before?
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Governance + burning combo, it does sound promising, let’s see if they can actually deliver
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Removing tokens from circulation can pump the price? Uh... I doubt it
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Has the validator vote passed, or is it just another "in progress" thing?
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SchrodingersFOMO
· 12-17 07:53
Burning sounds fierce, but can this help ease inflation pressure?
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GateUser-00be86fc
· 12-17 07:53
Token burning sounds good, but will it really improve the token price? I'm a bit skeptical.
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0xLuckbox
· 12-17 07:48
Wow, really destroyed? Then the circulating supply drops sharply, isn't it going to rise?
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Token burning this trick depends on how the community votes later
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Hey, this governance method is interesting. It's definitely better than some projects' black box operations
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HYPE is permanently destroyed? I should have hoarded more, haha
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Validator voting system sounds good, but I'm worried that ultimately big players will still have the final say
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Reducing supply sounds great, but we need to watch out for the project issuing new tokens again
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This transparent destruction is at least better than those projects that secretly mint more tokens
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Is permanent destruction confirmed? That definitely reduces the previous risks
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Deflationary model is coming into play. Let's see how the community reacts this time
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Burning sounds good, but I'm afraid it's just another empty promise
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DegenWhisperer
· 12-17 07:37
The tactic of token burning all seems the same, can it really boost the price?
HyperFND is moving forward with a validator vote to officially recognize the Assistance Fund HYPE tokens as permanently burned. If approved, this action would remove those tokens from both the circulating and total supply—a significant move for the project's tokenomics. This type of governance mechanism reflects how decentralized projects manage their token economy through community validation.