The purr-fect combination of 2 leading chain 馃惐
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Allocation is now live.
The governance vote has successfully passed, and the allocation process is officially underway.
Eligible participants who hold can now take part in the distribution and receive their allocated community rewards.
Additional details and next steps are outlined below.
1/2 馃У
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Hypurr SF retweeted
Traditional memes and Stonk memes work very differently. With a traditional meme, volume is mostly tokens changing hands. People buy, people sell, LPs provide liquidity, and that's basically the cycle.
With Stonk memes like Hypurr, volume actually does something. While volume is flowing, the main LP mechanism buys the underlying pair and distributes it pro rata to holders. For Hypurr, that underlying asset is Hyperliquid.
That changes the incentive structure. No volume means no distribution. More volume means more Hyperliquid flowing back to Hypurr holders. And with a 3% tax to enter and exit, constantly vamping in and out becomes much harder. The mechanics naturally favor people who are willing to hold.
This is where the Hypurr flywheel gets interesting. Feel underexposed? Hold your Hypurr, receive Hyperliquid, swap some of that Hyperliquid into more Hypurr, increase your position, and potentially receive even more Hyperliquid later.
If Hypurr catches on, you don't necessarily need to sell your Hypurr bag to realize value. You can keep your exposure to the meme while receiving a liquid asset in Hyperliquid. It encourages holding and discourages selling, while holders still benefit when other people trade because that volume feeds the distribution mechanism.
So you're holding a Hyperliquid mascot meme while accumulating Hyperliquid, and Hyperliquid just hit a new ATH today.
Buy Hypurr, get Hyperliquid.
Infinite Hypurr Glitch.
hypurr-liquid.xyz
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Hypurr SF retweeted
The PURR Machine has been printing.
Now check how much $HYPE you鈥檝e earned from holding $PURR:
hypurr-liquid.xyz/#receipt
Buy $PURR, get $HYPE.
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Hypurr SF retweeted
More than $411K worth of $HYPE has now been distributed to $PURR holders across 121,307 payouts, with 6,070 holders earning rewards.
That鈥檚 another $200K+ distributed in less than 24 hours.
$PURR went from 18M to $9M and back, shaking out low-conviction holders while the machine kept printing.
The more people sell, the more volume we get. The more volume, the more rewards get distributed to $PURR holders.
Panic sellers get rekt. $PURR holders get paid.
More than $227K worth of hyperliquid:native has now been distributed to PURR holders across 86,617 payouts, with another $100K distributed in just 6 hours.
$PURR went from $9M to $2M and back to $7M. Low-conviction holders got shaken out while the machine kept printing.
The more people sell, the more volume we get. The more volume, the more rewards get distributed to PURR holders.
Panic sellers get rekt. $PURR holders get paid.
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Hypurr SF retweeted
PURR ATH. hyperliquid:native ATH.
And you sold?
NGMI. It鈥檚 holding season
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Hypurr SF retweeted
Major accounts and news are about to cover this in a few mins. Good time to bagwork.
Higher!
Buy $PURR. get hyperliquid:native
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Hypurr SF retweeted
Another $100K distributed to $PURR holders.
$302K+ worth of hyperliquid:native paid out so far across 101,743 payouts, with 4,905 holders earning.
The PURR Machine keeps printing.
Buy $PURR, get hyperliquid:native
More than $227K worth of hyperliquid:native has now been distributed to PURR holders across 86,617 payouts, with another $100K distributed in just 6 hours.
$PURR went from $9M to $2M and back to $7M. Low-conviction holders got shaken out while the machine kept printing.
The more people sell, the more volume we get. The more volume, the more rewards get distributed to PURR holders.
Panic sellers get rekt. $PURR holders get paid.
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