CoinVoice has learned that lending platform HyperLend has announced the HPL tokenomics, with 30.14% allocated for ecosystem growth and incentives, 25% for genesis distribution, 22.5% belonging to core contributors, 17.36% allocated to strategic investors, and 5% reserved for liquidity.
In addition, HyperLend disclosed that it has completed a $1.7 million funding round, with investors including RockawayX, No Limit Holdings, Nucleus, Duplicate Capital, Dumpster, and others. Strategic investors received 10% equity at the (TGE) token generation event, followed by a 4-month lock-up period, with the remaining shares gradually unlocked over 2 years. Staking and lock-up functions will be launched shortly after the token generation event, with rebates coming from reserve factors and distributed based on participation.
The team emphasizes that HPL is not yet officially launched and reminds users to only trust information released through official channels.
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HyperLend announces HPL tokenomics: 30.14% allocated for ecosystem growth and incentives
CoinVoice has learned that lending platform HyperLend has announced the HPL tokenomics, with 30.14% allocated for ecosystem growth and incentives, 25% for genesis distribution, 22.5% belonging to core contributors, 17.36% allocated to strategic investors, and 5% reserved for liquidity.
In addition, HyperLend disclosed that it has completed a $1.7 million funding round, with investors including RockawayX, No Limit Holdings, Nucleus, Duplicate Capital, Dumpster, and others. Strategic investors received 10% equity at the (TGE) token generation event, followed by a 4-month lock-up period, with the remaining shares gradually unlocked over 2 years. Staking and lock-up functions will be launched shortly after the token generation event, with rebates coming from reserve factors and distributed based on participation.
The team emphasizes that HPL is not yet officially launched and reminds users to only trust information released through official channels.