The Hyper Foundation proposes to consider the HYPE held by the aid fund as destroyed, permanently removing it from circulation and total supply
Dec 17, 2025 11:19:50
The Hyper Foundation posted on social media, proposing a validator vote to officially acknowledge that the aid fund HYPE has been destroyed, and to permanently remove these tokens from circulation and total supply.
As background information, the aid fund automatically converted transaction fees into HYPE during the L1 execution process. Similar to a zero address, the system address of the aid fund has never possessed the private keys to control its funds. Unless a hard fork occurs, the funds are mathematically unrecoverable.
Voting "yes" indicates that validators agree to destroy the aid fund HYPE tokens. Since these tokens exist in a system address without private keys, no on-chain operations are required. This vote constitutes a binding social consensus that will never authorize any protocol upgrade to access this address.
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