BlockBeats News, September 23rd, Cryptocurrency investment firm DBA Foundation's Jon Charbonneau proposed a 45% reduction in the total supply of HYPE.
The proposal points out that Hyperliquid currently holds a significant amount of vested unreleased tokens, held by the Aid Fund (AF, approximately 31 million HYPE) and Future Emission and Community Rewards (FECR, approximately 4.21 million HYPE). The suggestion is to make the following changes to Hyperliquid's economic model:
1. Future Emission and Community Rewards (FECR) - Revoke all unmined HYPE allocated to FECR at present.
2. Aid Fund (AF) - Destroy all HYPE currently held in AF. All subsequently acquired HYPE by AF will also be burned.
3. Max Supply - Remove the maximum supply cap of 1 billion HYPE. Ongoing token issuance (e.g., for staking rewards or community incentives) will increase the total supply.