Hyperliquid: The aid fund will initially hold 3 million pilot assets PURR
Hyperliquid announced on the X platform that, in line with its mission to securely store value on-chain and support the Hyperliquid community, the aid fund will begin holding various native assets on Hyperliquid. Selection criteria include fair initial distribution, dispersed ownership, priority of native deployment for Hyperliquid, and positive impact on the Hyperliquid community.
Among eligible assets, the Hyper Foundation will first decide which ones to include and their relative representation. Over time, governance will take over this responsibility. The pilot asset added to the aid fund is PURR. Initially, the aid fund will hold 3 million PURR, approximately 0.5% of total supply at inclusion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Approximately 18,000 ETs have been transferred from Wrapped Ether to an unknown wallet
FIL fell below 4 US dollars
ETH falls below 3000 dollars
The Linea mainnet has bridged and transferred over 810,000 ETH