Hyperliquid Foundation has announced the permanent burn of 11.068% of the circulating HYPE token supply

BlockBeats News, December 26th, according to official sources, the Hyperliquid Foundation announced that the HYPE tokens in the Reserve Fund System address have been officially burned, accounting for 11.068% of the circulating supply. This governance vote adopted a consensus mechanism based on stake weight calculation, with the result of 85% of staked votes supporting the burn; 7% opposing; 8% abstaining.