🧮┃HYPE Tokenomics
Just HODL and HYPE
HYPE is the platform's utility and governance token. Just simply by holding HYPE, you will automatically earn rewards in HYPE-ETH and unlock a variety of benefits.
HYPE & HYPE-ETH staking/locking incentives are paid in ETH.
Total Supply: 100,000,000 HYPE
Liquidity: 85,000,000 HYPE
Hyperbolt Allocation: 5,000,000 HYPE
Ecosystem: 10,000,000 HYPE
Developer wallets and liquidity pool are ineligible for Liquidity Rewards.
Taxation
Buy Tax: 5%
Sell Tax: 5 %
Tax Distribution:
2.5% as LP rewards
2.5% as ETH Rewards & Development
In every transaction, 2.5% is allocated for LP staking and development. There's no set amount for the development portion; instead, it's used to maintain the APR for gHYPE staking ETH rewards. These funds are managed through the Deployer Wallet.
HYPE LP TRACER
The HYPE LP Tracer acts as a secondary asset, tracking LP token earnings from distributions. It's non-transferrable and exclusively facilitates LP claims for HYPE holders.
This asset is generated upon receiving HYPE tokens and is extinguished upon transfer to a new wallet. Notably, HYPE holders don't need to interact directly with the LP Tracer.
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