The Hyper Foundation is proposing a validator vote to formally recognize the Assistance Fund HYPE as burned, removing the tokens permanently from the circulating and total supply. For context, the Assistance Fund converts trading fees to HYPE in a fully automated manner as part
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Hyper Foundation seeks validator approval to permanently burn Assistance Fund HYPE
Dec, 17, 2025
2 min read
by Newton Gitonga
for Invezz
Share:
The Hyper Foundation has unveiled a strategic governance proposal today, December 17.
According to the X post, the team is seeking validator approval to recognize Assistance Fund HYPE as permanently burned.
While the assets in question have long been inaccessible, the Hyper Foundation trusts that voting is essential to alleviate possible uncertainties and align supply metrics with tokenomics.
The move would reduce selling pressure by removing tokens from circulation and the total supply.
Notably, the proposal doesn’t seek to change anything, but it aims to form a binding social consensus across the ecosystem.
The foundation asks validators to publicly accept treating the assets as permanently removed, with no plans to unlock them.
The announcement highlighted:
By voting ‘Yes,’ validators agree to treat the Assistance Fund HYPE as burned. No on-chain action is required, as the tokens are already in a system address with no private key. This vote is a binding social consensus to never authorize a protocol upgrade to access this address.
Understanding the Assistance Fund HYPE
The Assistance Fund is integrated into Hyper’s L1 execution, with fees converted into HYPE tokens automatically as trading activity happens.
Notably, the system sends the converted fees to a designated address that has no private keys.
The wallets are similar to zero/null addresses used by most platforms to burn tokens.
No one can access, spend, or transfer assets stored here.
That means HYPE coins accumulated in the Assistance Fund will not enter circulation, consequently reducing supply.
Voting participation and timeline
The announcement outlined that validators should signal their presence in the governance forum by 21 December at 04:00 UTC by responding with a ‘Yes’ or ‘No’.
The community can use this early signaling to see the validators’ stance on the proposal.
Meanwhile, users will have until 24 December to stake with their desired validators – those with positions matching their views.
The stake-weighted consensus will determine the outcome, with the results deciding the Assistance Fund HYPE’s fate.
HYPE price outlook
The native token displayed bullish sentiments amid the announcement.
HYPE is trading at $27.06 after an over 2% uptick in the past 24 hours.
It has lost 6% of its value in the past week, as broad-based selling pressure overwhelmed bullish news like Hyperliquid ETF updates.
Continued bearishness could see the alt dip to the support barrier at $24.
Losing this barrier would catalyze extended dips or consolidations.
However, broader sentiments will shape HYPE’s short-term trajectory.
Renewed momentum can propel the token toward the resistance at $30.
Surpassing the obstacle at $35 will likely support significant uptrends.
Institutional interest (through ETFs) and DEX developments position HYPE as among the hottest altcoins of the next cycle.
The post Hyper Foundation seeks validator approval to permanently burn Assistance Fund HYPE appeared first on Invezz
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Hyper Foundation seeks validator approval to permanently burn Assistance Fund HYPE
Dec, 17, 2025
2 min read
by Newton Gitonga
for Invezz
Share:
The Hyper Foundation has unveiled a strategic governance proposal today, December 17.
According to the X post, the team is seeking validator approval to recognize Assistance Fund HYPE as permanently burned.
While the assets in question have long been inaccessible, the Hyper Foundation trusts that voting is essential to alleviate possible uncertainties and align supply metrics with tokenomics.
The move would reduce selling pressure by removing tokens from circulation and the total supply.
Notably, the proposal doesn’t seek to change anything, but it aims to form a binding social consensus across the ecosystem.
The foundation asks validators to publicly accept treating the assets as permanently removed, with no plans to unlock them.
The announcement highlighted:
By voting ‘Yes,’ validators agree to treat the Assistance Fund HYPE as burned. No on-chain action is required, as the tokens are already in a system address with no private key. This vote is a binding social consensus to never authorize a protocol upgrade to access this address.
The Hyper Foundation is proposing a validator vote to formally recognize the Assistance Fund HYPE as burned, removing the tokens permanently from the circulating and total supply. For context, the Assistance Fund converts trading fees to HYPE in a fully automated manner as part
Understanding the Assistance Fund HYPE
The Assistance Fund is integrated into Hyper’s L1 execution, with fees converted into HYPE tokens automatically as trading activity happens.
Notably, the system sends the converted fees to a designated address that has no private keys.
The wallets are similar to zero/null addresses used by most platforms to burn tokens.
No one can access, spend, or transfer assets stored here.
That means HYPE coins accumulated in the Assistance Fund will not enter circulation, consequently reducing supply.
Voting participation and timeline
The announcement outlined that validators should signal their presence in the governance forum by 21 December at 04:00 UTC by responding with a ‘Yes’ or ‘No’.
The community can use this early signaling to see the validators’ stance on the proposal.
Meanwhile, users will have until 24 December to stake with their desired validators – those with positions matching their views.
The stake-weighted consensus will determine the outcome, with the results deciding the Assistance Fund HYPE’s fate.
HYPE price outlook
The native token displayed bullish sentiments amid the announcement.
HYPE is trading at $27.06 after an over 2% uptick in the past 24 hours.
It has lost 6% of its value in the past week, as broad-based selling pressure overwhelmed bullish news like Hyperliquid ETF updates.
Continued bearishness could see the alt dip to the support barrier at $24.
Losing this barrier would catalyze extended dips or consolidations.
However, broader sentiments will shape HYPE’s short-term trajectory.
Renewed momentum can propel the token toward the resistance at $30.
Surpassing the obstacle at $35 will likely support significant uptrends.
Institutional interest (through ETFs) and DEX developments position HYPE as among the hottest altcoins of the next cycle.
The post Hyper Foundation seeks validator approval to permanently burn Assistance Fund HYPE appeared first on Invezz
In This News
Share:
In This News
Share:
Read More
Crypto ETFs update: Ethereum suffers four-day outflow streak; SOL and XRP steady
Digital tokens remained relatively muted the past 24 hours after the latest slide. Th...
Dec, 17, 2025
2 min read
by Invezz
Solana price outlook: Bitwise SOL staking ETF logs first-ever outflow
Solana exchange-traded funds have been among the success stories of recent weeks, att...
Dec, 16, 2025
2 min read
by Invezz