#Hyperliquid holds 3 million PURR.#
Hot Topic Overview
Overview
Hyperliquid has announced that its relief fund will hold 3 million PURR, representing approximately 0.5% of its total supply. The fund aims to support the Hyperliquid community and ensure on-chain value security through the holding of native assets. Hyperliquid has chosen PURR as the first asset to be included as it meets criteria such as fair distribution, decentralized ownership, priority deployment, and a positive impact on the community. Going forward, governance will determine which other assets will be included in the relief fund, and more PURR will be purchased gradually over time to reach 0.5% of the total supply.
Ace Hot Topic Analysis
Analysis
Hyperliquid has announced that its Relief Fund will hold 3 million PURR as a pilot asset, which is roughly 0.5% of the total PURR supply. The fund aims to support the Hyperliquid community by holding native assets and ensuring that value is securely preserved on-chain. The criteria for asset inclusion in the relief fund include a fair initial distribution, decentralized ownership, prioritized native deployment on Hyperliquid, and positive impact on the Hyperliquid community. PURR meets these criteria, and therefore has been selected as the first asset to be included. The Hyper Foundation will be responsible for the initial asset selection, but governance will take over this responsibility over time. The fund will gain liquidity by purchasing PURR over time, eventually holding 0.5% of the PURR supply. More assets will be included in the future through governance decisions.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Hyperliquid Aid Fund will hold a variety of native assets to support the Hyperliquid community and ensure value safety.
PURR has been selected as the pilot asset for the Aid Fund, with an initial holding of 3 million tokens, representing approximately 0.5% of the total supply.
The Aid Fund will purchase PURR over time, eventually holding 0.5% of the total supply.
More assets will be included in the Aid Fund in the future through governance decisions.