PANews reported on December 26 that, according to a Hyper Foundation announcement, the community, through a validator governance vote, officially designated the HYPE held by the aid fund at address 0xfefef…fefe as to be burned. In the total vote, 85% supported, 7% opposed, and 8% abstained. These tokens will be permanently removed from circulation and total supply.

Earlier this month, the Hyper Foundation proposed that HYPE held by the aid fund be considered destroyed and permanently removed from circulation and total supply .