Hyperliquid Assistance Fund to Acquire 3 Million $PURR Tokens, 0.5% of Total Supply, for Diversification
Jan 19, 2025, 02:54 PM
Hyperliquid has announced the establishment of an assistance fund aimed at diversifying its asset holdings. The fund will initially acquire 3 million $PURR tokens, representing approximately 0.5% of the total supply. This initiative is part of Hyperliquid's strategy to securely preserve value and support its community by holding a diverse set of native assets. Future asset inclusions will be determined through governance. The fund's selection criteria emphasize fair initial distribution and decentralized ownership, aligning with Hyperliquid's on-chain mandate.
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