A New Token Framework Elevates Lending Ecosystem
Hyperlend, a decentralized lending protocol within the broader Hyperliquid ecosystem, has unveiled plans for an upcoming Token Generation Event (TGE), introducing its native HPL token. This milestone marks a pivotal shift from development to community-driven growth.
Shortly after the TGE, staking and lock-up functionalities will go live, enhancing user engagement and reinforcing long-term token retention, laying the foundation for a resilient economic model.
Transparent Distribution for Sustainable Growth
- 30.14% allocated to ecosystem growth and incentives, including liquidity mining and user rewards;
- 25% reserved for genesis participants and early contributors;
- 22.5% designated for core team members, aligning long-term commitment;
- 17.36% assigned to strategic supporters fostering ecosystem synergy;
- 5% dedicated to liquidity provisioning for stable market operations.
While the total supply remains undisclosed, the distribution strategy emphasizes sustainable development over short-term gains—building trust and setting the stage for future innovation.
Next Chapter in Decentralized Finance
The HPL launch empowers protocol governance and incentivizes broader participation. Looking ahead, Hyperlend aims to introduce advanced lending features and cross-chain compatibility, expanding its footprint in the evolving DeFi landscape.