Hyperwave to Launch Token Sale and Announce Details

Foresight News reports that Hyperwave, a DeFi project within the Hyperliquid ecosystem, will launch a token sale and announce the details. The HWAVE token will be available for purchase via a Liquidity Bootstrapping Pool (LBP) from October 16 at 21:00 to October 20 at 21:00. Token claims will open within 24 hours after the event concludes. This HWAVE issuance amounts to 70 million tokens (7% of the total supply). Users can subscribe using WHYPE, hwHYPE, hwHLP, or USDC. Additionally, HWAVE tokens earned by Wave points holders or purchased during the public sale will not have a lock-up period. Other allocations (such as protocol contributors, Swell DAO, and the foundation) will gradually unlock over 12-36 months, with varying lock-up periods.