#Hyperliquid Relief Fund Holding PURR#
Hot Topic Overview
Overview
The Hyperliquid Assistance Fund announced that it will hold PURR as its first pilot asset, aiming to support the Hyperliquid community by holding a variety of native assets. The fund will hold 3 million PURR, which represents approximately 0.5% of the total supply, and plans to purchase more PURR over time, ultimately holding 0.5% of the total supply. The fund will select other assets based on criteria such as fair initial distribution, decentralized ownership, Hyperliquid-prioritized native deployment, and positive impact on the Hyperliquid community. In the future, governance will take over the responsibility of selecting assets.
Ace Hot Topic Analysis
Analysis
The Hyperliquid Relief Fund has announced that it will hold PURR as its first pilot asset, with plans to hold 0.5% of the total supply over time. The Relief Fund is designed to safely store value on-chain and support the Hyperliquid community. They have chosen PURR due to its fair initial distribution, decentralized ownership, prioritized native deployment on Hyperliquid, and positive impact on the Hyperliquid community. The Relief Fund will inject liquidity by purchasing PURR and ultimately governance will decide whether to include more assets. This move demonstrates Hyperliquid’s commitment to supporting native assets within its ecosystem and providing more value to its community.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Hyperliquid Aid Fund aims to support the Hyperliquid community and protect value by holding native assets.
PURR has been chosen as the first pilot asset for the Aid Fund, with an initial holding of 3 million tokens, approximately 0.5% of the total supply.
The Aid Fund will gradually purchase PURR over time, eventually holding 0.5% of the total supply.
Future inclusion of more assets will be decided through governance.