Forwarded from Frens Market Feeds
Hyperliquid Officially Activates "AQAv2" to Buy Back and Burn HYPE with USDC Reserve Yield
Hyperliquid announced the activation of its "AQAv2 (Aligned Quote Asset v2)" framework starting August 26, which directs yield generated from USDC reserves toward programmatic market buybacks and burns of the native HYPE token. Under the structure—supported by Circle as technical deployer and Coinbase as treasury manager—approximately 90% of reserve yield is shared with the protocol and transferred in 30-day cycles to the Assistance Fund (AF) to execute HYPE buybacks and permanent burns. Yield accrual begins on August 26 with the inaugural payout and execution scheduled for October 3. — link
Hyperliquid announced the activation of its "AQAv2 (Aligned Quote Asset v2)" framework starting August 26, which directs yield generated from USDC reserves toward programmatic market buybacks and burns of the native HYPE token. Under the structure—supported by Circle as technical deployer and Coinbase as treasury manager—approximately 90% of reserve yield is shared with the protocol and transferred in 30-day cycles to the Assistance Fund (AF) to execute HYPE buybacks and permanent burns. Yield accrual begins on August 26 with the inaugural payout and execution scheduled for October 3. — link
Forwarded from Crypto Narratives
All the previous instances of pumps that were similar to the current one did resolve higher during this cycle
I'm betting on this time not being different
I'm betting on this time not being different
👍5👎1
there also seems to be an NFT resurgence as the narrative for NFTs is slowly shifting to “picture memecoins”, instead of the airy fairy utilities they once promised back in 2021
https://x.com/mumbles_c/status/2092807586576052660?s=46&t=nluSw7cwYGx8zFxfoYi5Iw
https://x.com/mumbles_c/status/2092807586576052660?s=46&t=nluSw7cwYGx8zFxfoYi5Iw
X (formerly Twitter)
mumbles (@mumbles_c) on X
there also seems to be an NFT resurgence as the narrative for NFTs is slowly shifting to “picture memecoins”, instead of the airy fairy utilities they once promised back in 2021
👍1
Forwarded from Solid Intel 🛰
INTEL: JPMorgan warns a global food shock could hit within the next year, with food inflation seen nearly doubling to 5% by early 2027
Twitter
😨2👍1
Forwarded from unfolded. DeFi
Application TVL on Robinhood Chain surpasses $1 billion, up by ~100% over the past month.
The leading applications by TVL consist of lending, spot, and perp DEXs — link | AI comment
The leading applications by TVL consist of lending, spot, and perp DEXs — link | AI comment
🔥4😁2