2026-01-07 11:17:27

2025 has just begun, and DeFi projects are already competing over token value. Previously, token holders were in a bit of an awkward position, as buying tokens essentially meant being a passive participant. Now, things are finally starting to change.

Let's look at the actions of some leading projects: Hyperliquid has launched the HYPE staking feature, directly reducing transaction fees, so traders now have actual benefits. They also deployed new mechanisms like the HIP-3 market. Pendle revealed plans for token upgrades during a community call, indicating that they might be brewing some big moves.

One top DEX is even more aggressive, activating a fee switch that uses the platform's trading fees to buy back and burn its own tokens—classic value recirculation. Aave is also pushing forward with new initiatives related to its tokens.

In simple terms, these projects are beginning to understand: if a token is just a governance tool, token holders are essentially holding a dead asset. But if the token can generate cash flow, has a burn mechanism, and participates in fee distribution, it truly has intrinsic value support. It looks like this year, DeFi tokenomics might see quite a few new innovations.

HYPE0,04%

PENDLE2,09%

AAVE-0,23%

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AirdropCollector

· 01-10 11:10

Finally, someone is starting to understand the value of coins. Before, it was really just free governance rights. Now that there are actual benefits, that's what matters.

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ParallelChainMaxi

· 01-09 23:25

Finally, someone is taking tokenomics seriously. The previous approach of governance tokens really needs to be improved.

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MEVSandwichVictim

· 01-08 21:56

It's finally our turn, the holders, to step up. We were truly just being exploited before.

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FreeRider

· 01-08 14:57

Finally, a project is starting to take token holders seriously, not just making empty promises.

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CafeMinor

· 01-07 11:47

Someone is finally starting to think about us token holders. It was really tough before. --- Uh… The buyback and burn is real, but how long can it last? --- Hyperliquid's recent move is pretty good, showing some sincerity. --- Wait, what exactly is Pendle trying to do? How long will this suspense last? --- Tokenomics overhaul? Or just another prelude to cutting the leeks again? --- The fee distribution really hit the mark. Now that's valuable. --- Sounds good, but the key is how they execute it later. --- Last year, a bunch of projects made promises, but what happened… Can we trust them this time? --- DeFi finally remembered the token holders. Not easy. --- If this is real, there might really be a chance this year.

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Blockchainiac

· 01-07 11:44

Finally, some projects are starting to take tokens seriously. We've really been freeloading for too long before. Getting involved is the right move. The combination of token burning and fee distribution is the true way to go. Wait, could this be just another short-term hype? It's hard to say how long it will last.

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DefiPlaybook

· 01-07 11:39

According to on-chain data, the APY yield from this wave of tokenomics reform is the key, but a risk warning — can the buyback and burn model persist in a bear market?

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MetaMisery

· 01-07 11:32

Finally, a project is starting to take token holders seriously. Who did that pure governance hype fool before? --- Hyperliquid's recent staking fee reduction looks like they really want to make the token worth something. --- Fee burning + buyback, to put it nicely, is an economic model; to be blunt, it's just making up for what was owed before. --- Wait, what exactly is Pendle brewing? It's so mysterious. --- Bought last year and already lost the feeling. If this year it's still just governance rights, I'll just sell my tokens. --- Cash flow is the key; everything else is just floating clouds. --- Top projects are moving now. Small tokens will have to wait a bit longer. --- Token economics definitely needs an upgrade; otherwise, how can they retain users? --- Feels like they've been accumulating problems and are only now trying to solve them all at once. It's a bit late.

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OfflineNewbie

· 01-07 11:24

Finally! It was really tough before, buy and lose everything. Wait, is this move genuine or are they just cutting us again? I'm convinced by Hyperliquid's staking fee reduction, but I'm tired of the destruction and buyback narrative... Let's wait and see, anyway I'm already caught in it.

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ImpermanentPhobia

· 01-07 11:21

Someone finally started doing real work. It was really disappointing before. Fee sharing + burning, this is what I want to see. Otherwise, holding the coin is just waiting to die.

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