HYPE Foundation launches a key proposal to destroy approximately 1 billion HYPE tokens held in the aid fund through validator voting. This move aims to adjust the ecosystem supply structure by permanently destroying this portion of tokens.

If the proposal is approved, it will have a significant market impact: the circulating supply is expected to decrease by about 13%, which means each token will gain relative scarcity. Notably, this will be one of the largest single supply reduction actions in the entire crypto ecosystem. Token burning as a supply management mechanism has gained increasing attention from projects in recent years. Such initiatives typically reflect the project's commitment to long-term value and also bring potential scarcity benefits to token holders. The community will directly participate in this major decision through voting.