#Hyperliquid Assistance Fund holds PURR#
Hot Topic Overview
Overview
The Hyperliquid Relief Fund will begin holding a variety of native assets to support the Hyperliquid community. The first asset to be included is PURR, with the Relief Fund holding 3 million PURR, approximately 0.5% of the total supply. The Relief Fund will purchase PURR over time, eventually holding 0.5% of the total supply. More assets will be included in the future through governance decisions.
Ace Hot Topic Analysis
Analysis
Hyperliquid has announced that its Relief Fund will hold PURR as part of its diversified asset portfolio. The fund aims to support the Hyperliquid community and ensure the safe preservation of on-chain value by holding native assets. The criteria for selecting PURR included fair initial distribution, decentralized ownership, Hyperliquid-prioritized native deployment, and positive impact on the Hyperliquid community. The Relief Fund will hold 3 million PURR, which represents approximately 0.5% of the total supply at the time of inclusion. Over time, the fund will purchase more PURR, eventually holding 0.5% of the total supply. Additionally, Hyperliquid plans to incorporate more assets into the Relief Fund, which will be determined through future governance decisions. This initiative aims to provide liquidity support for the Hyperliquid ecosystem and further drive its development.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The Hyperliquid Relief Fund will hold a variety of native assets to support the Hyperliquid community and ensure value preservation.
The Relief Fund will initially hold PURR, representing 0.5% of its total supply.
More assets will be incorporated in the future, determined through governance mechanisms.
The Relief Fund's holdings will provide liquidity support for the Hyperliquid ecosystem.