The Hyper Foundation burned 37M $HYPE tokens (~$1B) after a Governance Vote.
Vote result:
✅ 85% Yes | ❌ 7% No | ⏸ 8% abstain
Why this matters:
13%+ of circulating supply gone forever
Tokens were locked in a system address (no private key)
Validators agreed to never unlock or access them
Trading fees auto-buy $HYPE and get burned
~$874M fees generated this year, 99% used for buybacks
Less supply. Real fees. Long-term scarcity.
This is one of the Strongest Deflationary Moves in Crypto right now.
