Hyperlend announces upcoming TGE and launch of HPL token

BlockBeats News, January 20th, the Hyperliquid ecosystem lending protocol Hyperlend announced the upcoming TGE, launching the HPL token, with staking and locking functionalities set to go live shortly after the TGE concludes. The total supply of the token has not been disclosed, and the tokenomics are as follows:

30.14% allocated to ecosystem growth and incentive measures;

25% for the genesis allocation;

22.5% allocated to core contributors;

17.36% allocated to strategic investors;

5% for liquidity.