Hyperliquid Enables Pure Governance USDH Vote

Hyperliquid Enhances Governance by Removing Team $HYPE from USDH Vote

• Hyperliquid has eliminated team-staked $HYPE tokens from the USDH vote weighting, enhancing community governance.
• This adjustment reduces Native Market’s voting weight from 75% to 66%, promoting a fairer decision-making process for the stablecoin ticker.
• The change aims to decrease insider influence and increase community participation in the stablecoin partnership.
• Paxos now has an improved opportunity to secure the USDH ticker, offering 95% of USDH reserve yield for $HYPE token buybacks.

Hyperliquid’s removal of team-staked $HYPE tokens from USDH vote weighting increases community control and fairness, potentially favoring Paxos in securing the stablecoin ticker.