Study $HYPE burn 🔥



It teaches you how burn mechanisms should work.

Not a fixed number in a white paper, not some fake burn where you inflate a bunch just to burn a bit.

HYPE burn relies directly on the usage of 3 things:

1️⃣ Spot Market fees of HYPE/USDC
2️⃣ HyperEVM fees
3️⃣ Spot ticker auctions

Right now 1️⃣ still is the major burn driver.

But with time 2️⃣ will burn more. And we already saw days of 1k burns like on @baldbrothers_ mint. We don’t need to 10x users to 10x gas fee burn.

3️⃣ is a constant and will only go up more if small spot markets on HL get more use. @RubiFi_HL plays a big part in there.

But @hyperunit buying spot tickers for blue chips also helps.

Conclusion:
The only way that less $HYPE gets burned over time is all of the three mechanism slowing down which is unlikely. The percentages of the burn are designed to be long term deflationary for $HYPE.
HYPE15.12%
WORK1.64%
NOT5.66%
IN2.76%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)