WHAT IS HYPE TOKEN?

HYPE Token is a unique social tokenomics experiment built on the Ethereum Blockchain. HYPE Token is the world’s first consensus-driven Deflationary (Token Burning) + Inflationary (Freezing Rewards) token, allowing the crowd to determine the inflation & deflation rates of the token’s supply through an off-chain consensus made by users who have ‘frozen’ their HYPE tokens.

WHAT IS HYPE?

HYPE is an experimental ERC20 token deployed on the Ethereum Blockchain. HYPE is a unique token created to experiment the Deflationary (Token Burning) + Inflationary (Freezing Rewards) tokenomic models. HYPE holders determine the Burning + Staking rates each month through an off-chain consensus dapp/form.

Freeze

Freeze HYPE tokens to be eligible to vote & receive daily rewards. The longer you have frozen = the more voting weight you have.

Vote

Vote for the month’s burning & staking rates (monthly) and time taken to unfreeze tokens: melting (quarterly).

Experience

Watch how your votes affect the supply of HYPE and collectively experience the results of voting for the inflation & deflation rates.

DEFLATION

Each time a user transfers HYPE, x% of the total transferred amount is burned.

POSSIBLE RATES: 0.1 – 50% per TX

Voted every month by users who have frozen HYPE.

INFLATION

Users are required to freeze their HYPE tokens to be eligible to vote and increase their voting weights. In return for freezing, users receive daily rewards.

POSSIBLE RATES: 0.1 – 5% daily

Voted monthly by users who have frozen HYPE.

WAITING GAME

Simply refers to the time taken to unfreeze frozen tokens and rewards. Users will have to wait the ‘melting period’ until their frozen tokens and rewards can be released.

Possible Melting Period: 24-168 hours

Voted quarterly by users who have frozen HYPE.

LIVE RATES

0%
of Total TX Amounts

0.5%

Daily Freezing Rewards
0
Hours

TOKEN DISTRIBUTION

0%
AIRDROPPED
0Million
INITIAL SUPPLY (50 M)
0Million
MAX SUPPLY (100M)

HYPE Token Details

Token Name: HYPE Token

Token Symbol: HYPE

Decimals: 18

Token Contract Address: 0x2630997aab62fa1030a8b975e1aa2dc573b18a13

HYPE ECOSYSTEM

HYPE is supported by platforms which actively creates use cases for HYPE tokens. The ecosystem will expand continuously as the HYPE project matures and as more users accept HYPE as a utility token on their native platforms.

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