On January 20, Hyperliquid ecosystem lending protocol Hyperlend announced an upcoming TGE, launching the HPL token. Shortly after the TGE, staking and locking functions will go live. The total token supply has not yet been disclosed. The tokenomics are as follows: 30.14% allocated to ecosystem growth and incentives; 25% for genesis distribution; 22.5% allocated to core contributors; 17.36% allocated to strategic investors; 5% for liquidity.
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Hyperlend announces upcoming TGE and the launch of HPL tokens
On January 20, Hyperliquid ecosystem lending protocol Hyperlend announced an upcoming TGE, launching the HPL token. Shortly after the TGE, staking and locking functions will go live. The total token supply has not yet been disclosed. The tokenomics are as follows: 30.14% allocated to ecosystem growth and incentives; 25% for genesis distribution; 22.5% allocated to core contributors; 17.36% allocated to strategic investors; 5% for liquidity.